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Many
employers are still trying to understand the different options
available through an HRA and exactly which options will best
suit their individual needs. They find it beneficial to consult
an experienced employee benefit consultant or third-party
administrator (TPA) familiar with HRAs. These
professionals can recommend HRA designs to fit your needs.
Can I administer HRAs in-house?
It can be administered by your in-house personnel, but many employers find it beneficial to have outside assistance in administration. This lightens the burden for continued education and privacy concerns raised by HIPAA. Third-Party Administration can also allow you the freedom from administration tasks and gives you the time to focus on your business and not administration of your employee benefits.
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Who can administer this plan?

There are many qualified administrators across the Nation.
You may contact your Cafeteria Plan administrator or COBRA
administrator for assistance. If you don't have any outside
assistance in these areas, you can contact DataPath at 800-633-3841
and we can direct you to qualified administrators in your
area. DataPath has been a pioneer in software development
for almost 20 years and has led the way in HRA administration
software.
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