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American Fidelity outlines benefits administration, proposes employer-funded HRA amid rising PEIA costs
Summary
Eric Bauer, state manager for American Fidelity in West Virginia, briefed the board on the company’s Section 125 plan administration for Harrison County Schools, reported enrollment and savings figures, and proposed the board consider a health reimbursement arrangement (HRA) to offset anticipated PEIA cost increases.
Eric Bauer, state manager for American Fidelity in West Virginia, briefed the Harrison County Board of Education on Feb. 18 about the district’s Section 125 (cafeteria) plan administration and recommended the board consider implementing a Health Reimbursement Arrangement (HRA) for the upcoming fiscal year to soften anticipated insurance cost increases.
Bauer said American Fidelity has served Harrison County Schools’ benefits needs for decades and described Section 125 plans as employer-maintained cafeteria plans that let employees use pretax money for qualified…
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