Employers
Insured Employees
HRA (RHS) + Bridge HRA + HDHP
An innovative solution for employers who want to reduce the cost of their employee medical benefits without sacrificing access to primary care or the quality and coverage of their insurance plan.
If you are an employer who is experiencing annual increases in your group insurance premiums, you may want to consider switching from your current plan to a lower cost high deductible health plan (HDHP). Cost savings could be used to contribute to your employee's deductible and primary care via a Health Reimbursement Arrangement (HRA).
An HRA is an employer funded health care benefit designed to reimburse medical expenses incurred by employees each month─up to, but not exceeding a pre-set dollar amount. HRAs typically costs $300 to set-up, $150 per year thereafter to maintain and about $10 - $15 per employee per month for a third-party administrator (TPA) to manage.
This strategy has proven to significantly decrease employer costs while improving employee access to and utilization of primary care. Problems prevented or caught early reduce lost work time.
Uninsured Employees
HRA (RHS)
An innovative solution for employers who want to provide a low cost (yet meaningful) healthcare benefit but cannot afford (or do not qualify) for a traditional group health insurance plan.
If you are an employer who would like to provide a low cost (yet meaningful) health care benefit but cannot afford to provide a traditional group insurance plan or have hourly, part-time or temporary employees who are ineligible for your existing group insurance plan, you may want to consider setting up a Health Reimbursement Arrangement (HRA) and introducing the employees to Revolutionary Health Services.
Once an HRA is implemented, Revolutionary Health Services’ direct primary care service may be introduced to employees and presented as a “cost-effective” primary care option for use of their HRA funds. If an employee does not choose to join RHS, they may use their HRA funds for other qualified medical expenses. There is no actual or implied employer sponsorship of RHS so as not to trigger ERISA rules.
Please Note: Revolutionary Health Services is not an insurance broker nor do we solicit insurance business. The recommendations and opinions expressed herein are those of Revolutionary Health Services and not necessarily those of any of the third parties including the brokers above.
Revolutionary Health Services has been advised by its professional advisors that the views expressed by Revolutionary Health Services as to the use of these various tax-favored plans are essentially correct. Revolutionary Health Services cannot offer tax advice, however, or suggest that you rely on the advice it has received, so your individual tax advisor or consultant should be contacted for guidance before you actually utilize any of these tax-favored plans in connection with the payment of Revolutionary Health Services fees.
