Painting Business Finance Podcast

Episode 4 - Employee Health Benefit that Benefits You


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How can you provide an employee benefit that benefits you as a business owner?

Take Command Health (QSEHRA):

https://www.takecommandhealth.com/online-bookkeep-qsehra

 

Quick summary: Employees pay for health expenses, you reimburse them tax-free

The mechanics of a QSEHRA are surprisingly simple. At a high-level, employees pay for their own health expenses and you reimburse them. Here’s how it works:

  1. Employers design their plan and set reimbursement allowances

  2. Employees pay for their own health insurance and medical bills

  3. Employees provide proof of their expenses

  4. Employers reimburse the employee up to the set limit

 

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Painting Business Finance PodcastBy Daniel Honan