School districts and state/local government agencies are beginning to consider Health Reimbursement Accounts as a tool to combat rising health care costs.
Some public sector organizations pair Health Reimbursement Accounts with High Deductible Insurance, providing lower premiums for employers and employees and offering employees a flexible benefit that can be carried over from year to year. In other government agencies, defined Health Reimbursement Accounts are replacing undefined health insurance coverage for retirees. This win-win approach often allows employee groups to negotiate continued coverage while employer groups can
The Wisconsin OPEB Trust partners with Diversified Benefit Services, Inc., to offer Health Reimbursement Account design, enrollment, communication, compliance testing and third-party administration.
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