Offering to help employees with their out-of-pocket medical costs, such as prescriptions, doctor visit co-pays, and deductible expenses, is common for small businesses - especially if you are not offering traditional health insurance coverage.
In the past, the go-to way for small businesses to reimburse employees tax-free was with a Section 105 Plan, such as an HRA, MERP, or HRP. With new Obamacare rules, however, a common question we receive from small business owners is, “Can we still use a Section 105 Plan to help employees with out-of-pocket medical costs?”
