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CHS Inc. ConsumerDirected Health Planar Summary of Benefits and Coverage: What this Plan covers & What it CostsCoverage Period: 1/1/2017 12/31/2017 Coverage for: Single and Family Plan Type: Depths

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What is consumer-directed health plan-hra?

A consumer-directed health plan with a health reimbursement arrangement (HRA) is a type of health insurance plan that allows employees to use employer-funded accounts to pay for eligible medical expenses.

Who is required to file consumer-directed health plan-hra?

Employers offering consumer-directed health plans with HRAs are required to file Form 1095-C to report information about the coverage offered to employees.

How to fill out consumer-directed health plan-hra?

Employers must provide detailed information about the coverage, including the employee's share of the premium and any contributions made to the HRA, on Form 1095-C.

What is the purpose of consumer-directed health plan-hra?

The purpose of consumer-directed health plans with HRAs is to give employees more control over their healthcare spending and to provide tax advantages for both employers and employees.

What information must be reported on consumer-directed health plan-hra?

Information such as the employee's share of the premium, contributions made to the HRA, and coverage details must be reported on consumer-directed health plan-HRA forms.

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