Nonprofits on Health Benefits Report: QSEHRA Trends & Outlook
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The document discusses a report from PeopleKeep on how nonprofits and religious organizations are offering health benefits to employees in 2019. It finds that many small nonprofits are using a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) to provide tax-free health reimbursements. Over 100 nonprofit and religious organizations currently offering QSEHRAs were surveyed. Most organizations recommend QSEHRAs to others and see the need for software to help administer the plans. Many nonprofits also want more alternatives to traditional group health insurance from the government.
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Nonprofits on Health Benefits Report: QSEHRA Trends & Outlook
- 1. For more information, see the PeopleKeep report Nonprofits on Health Benefits: 2019 Report. The qualified small employer health reimbursement arrangement (QSEHRA) is an employer-sponsored health benefit that allows small organizations to reimburse employees tax-free for health care. The data in this report is based on a sample of more than 100 nonprofit and religious organizations currently offering a QSEHRA to employees. Copyright © PeopleKeep, Inc. 2019. PeopleKeep® is a registered trademark of PeopleKeep, Inc.Learn more at How are nonprofit and religious groups thinking about health benefits in 2019? Nonprofits on Health Benefits Good health benefits help recruit and retain valuable employees, but traditional group health insurance isn't working for a lot of small nonprofits. Many nonprofits have found success offering employees a tax-free allowance for health care through a qualified small employer health reimbursement arrangement (QSEHRA). Nonprofits are also looking to the federal government for new policies that will help them offer affordable health benefits. recommend the QSEHRA as a health benefit to other nonprofits. 93% say having a software provider to help administer the QSEHRA is either very important or extremely important. 84% 54% say they’re very interested in seeing the federal government expand the number of alternatives to group health insurance. 33% say they’re very interested in Medicare For All. peoplekeep.com 20190606 V1.SCG-RS Single Family $311 $473 Average allowance amounts Can’t afford it 81% Employees with diverse health needs 52% Don’t have time to administer it 35% Don’t have control of budgets because of unpredictable revenue streams 26% Employees in multiple states 11%