Retiree Medical: An Employer of Choice Offering Thought to be Extinct
1.25 HR Credit | Competencies: HR Expertise | Intended Audience: Senior-Level
Learn best practices for integrating a retiree Health Reimbursement Arrangement (HRA) into your benefits program, including key regulations, account features and set-up requirements.
The risks of unfunded liabilities associated with a traditional retiree medical plan are unknown and unpredictable. Under a defined contribution approach, such as an HRA, those risks fade and become known and controllable. Where retiree medical plans have seemed unmanageable, an HRA and its DC approach might be the answer for some employers to set them apart from their competition. Krischbaum will review how an HRA supports retiree medical expenses. You will get an overview of key HRA regulations as well as learn about HRA applications in a tax-advantaged basis and in a defined contribution approach.
Presenter:Jay M. Kirschbaum, Benefits Compliance - Director and Sr. V.P.,
World Insurance Associates