Benafica is a health benefits and insurance company that helps employers offer flexible, tax-free health reimbursement plans instead of traditional group health insurance.

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6701 Upper Afton Rd. Ste. 200, St. Paul, MN 55125

ICHRA

6 Types of HRAs You Should Know
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6 Types of HRAs You Should Know

Learn about different types of HRAs & their benefits for employers & employees. From QSEHRA to ICHRA, find the best option for...

March 6, 20240 Comments
ICHRA Advantages & Challenges
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ICHRA Advantages & Challenges

ICHRA has emerged as a flexible solution for offering health insurance that doesn't have many downsides. Find out if ICHRA is the...

March 1, 20240 Comments
4 HRA Benefits for Workers: Why Employees Love HRAs
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4 HRA Benefits for Workers: Why Employees Love HRAs

Discover 4 reasons why employees favor Health Reimbursement Arrangements (HRAs) for flexible, tax-efficient healthcare benefits at Benafica.

August 10, 20220 Comments
What is an HRA? Understanding Health Reimbursement Arrangements
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What is an HRA? Understanding Health Reimbursement Arrangements

Health Reimbursement Arrangements (HRAs) are employer-funded benefits that reimburse employees for qualified medical expenses and, in some cases, insurance premiums. In this...

June 22, 20220 Comments
ICHRA vs. Group Plans: Which is Better?
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ICHRA vs. Group Plans: Which is Better?

Choosing between an ICHRA and a traditional group health plan depends on your business’s needs, budget, and workforce diversity. This blog explores...

April 22, 20210 Comments