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Health Reimbursement Accounts
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Health Reimbursement Accounts
under Section 105(h) of the
Internal Revenue Code permit
employers to reduce health
insurance costs by raising the
deductible of their basic health
insurance coverage and
contributing the savings into
such accounts for their
employees. This provides
employees with an incentive to
spend their health care dollars
wisely. By integrating the plan
with the company's health
insurance plan, it may be
possible to give greater
benefits for highly-compensated
and key employees. |
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