Businesses with over 100 employees can save thousands on their group health plans when switching to a Liferaft Health Reimbursement Arrangement (HRA) .
By automatically reimbursing your employees for their insurance premiums through our HIPAA-compliant platform, you can continue to offer high-quality coverage for a fraction of the cost.
Meet with our COO, Nimish Shukla to review your current healthcare plan and show you exactly how much you could save with Liferaft Benefits.
Many businesses are seeing savings of 150k+ — like this New Mexico-based company.
In 39 of the 50 states, rates for the same healthcare plan are cheaper when purchased on the individual exchange compared to the group marketplace. Liferaft makes it easy for your business to take advantage of those cost savings.
Decide how much tax-free money to offer each month, which expenses should be eligible for reimbursement, or offer various benefits to different employee groups.
Allowances can be used for qualifying medical expenses and healthcare services, including prescription glasses, healthcare premiums, physical therapy, and more.
Our user-friendly 100% digital experience makes it easy for you and your employees to submit a claim and get reimbursed for eligible expenses.
Liferaft is helping businesses save between $100k- $200k a year on their health insurance.
Companies offering their benefits with Liferaft spend less than five minutes a month managing their account.
Advanced
11-100 employees
$12.50 / employee / month
No base fee
Get StartedEnterprise
100+ employees
Custom pricing
Contact Liferaft for enterprise pricing.
Get StartedIncludes everything in the Advanced plan.
Group health can be complex, restrictive, and costly — Liferaft offers something different. Liferaft’s 2023 Whitepaper on HRAs is the most comprehensive guide available, giving you what you need to determine if an HRA makes sense for your business.
Guide Contents
What is an HRA? | HRA Requirements & Features | Eligible HRA Expenses | When an HRA Makes Sense | Different HRA Types | States Where HRA Works Best
Learn more about our HRA pricing and features:
We make the transition from a group health plan to a Liferaft HRA as seamless as possible. We handle all the paperwork and enrollments, meeting with each employee individually to walk them through their options and pick the best plan for their situation.
With Liferaft, businesses are seeing savings between 100k-200k/year on their company’s health insurance. In many states, the exact same plan is cheaper on the individual market than on the group market. You can fund your employee's health insurance costs with pre-tax dollars, taking advantage of those cost-savings without sacrificing the quality of your benefits.
When you reimburse employees for insurance premiums, they can access all available plan types and carriers in their region. Each team member can choose the plan that makes the most sense for their family, location, and budget. No more one-size-fits-all plans!
COST SAVINGS
This business used a Liferaft HRA to reimburse employees for their individually-purchased health insurance premiums—ultimately providing the same level of coverage for $150,000 less each year.
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SUPPLEMENTING COVERAGE
This business used a Liferaft HRA to reimburse employees for their individually-purchased health insurance premiums—ultimately providing the same level of coverage for $150,000 less each year.
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FLEXIBLE BENEFITS
With a remote workforce all around the country, finding a plan everyone liked was challenging. With Liferaft, employees purchased plans that worked for them, then were directly reimbursed through our 100% digital platform.
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FIRST TIME
With only three employees, this business struggled to find a group plan that would accept them. But, with Liferaft, they quickly started offering health insurance to the team and their dependents. Plus, they were able to easily add new employees as their business grew.
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