The Health Plan

Your new health plan is simply a monthly employee allowance for medical expenses. If this sounds simple, that’s because it is. Yet the Array solution provides many benefits to you and your employees.

What is the Array Health Benefits Plan?

The Array health benefits plan is a Health Reimbursement Arrangement (HRA), which is a tax-favored benefits plan you can use to reimburse employees for medical expenses, including individual health insurance premiums. With Array, you can give employees a monthly allowance for individual health insurance and other medical expenses.

Provide Easy Access to Health Dollars for Employees

At the beginning of the plan year, you decide how much money to give employees each month. Your company can offer varying allowances to different employee classes. Each month, any funds not used by an employee roll over to the next month and accrue throughout the plan year. Accrued HRA dollars can roll over to the next plan year or revert back to the company, whichever you prefer.

Use Convenient Payroll Reimbursement

Once or twice a month, depending on your preference, Array posts a report instructing you how much to reimburse employees for medical expenses, including health insurance premiums, that were submitted to Array in the previous period. Your company simply uses this report to reimburse employees though payroll.

Simplify Your Plan Funding and Tracking

With Array, your company will not need to set up a separate bank account for your plan. All funds stay in the general assets of the company until your employees submit their medical expenses. Array tracks the accounting, and you can access your account information through your online Company Portal. Employees also can easily view their account balances online.

It’s that simple—and that powerful. Find out more about individual health insurance.