ACA document (Photo: Shutterstock)

A new study reveals that the average monthly allowance provided by employers offering Qualified Small Employer Health Reimbursement Arrangements (QSEHRA) through PeopleKeep — which provides personalized benefits for small and midsize organizations — has increased by almost 40% over the past four years. That data, PeopleKeep officials say, underscores the growth and viability of the health benefit, which is an often-overlooked asset within the Affordable Care Act.

The QSEHRA is a formal, IRS-approved health benefit that allows small businesses with fewer than 50 full-time equivalent employees to offer a tax-free reimbursement to their employees in all family status categories for their health insurance premiums and other qualifying health expenses.

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