What is an Employer Contribution?

Video Transcript: An employer contribution is the amount an employer pays into a plan.…Read More

Video Transcript:

An employer contribution is the amount an employer pays into a plan. These contributions help pay for employees’ healthcare costs, ranging from premiums to prescription drugs.

There are many employer-funded health plans to choose from, including group health plans, high-deductible health plans with a health savings account — or HSA — and individual health plans with qualified health reimbursement arrangements, also known as HRAs.

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