Section III: BASE® Integrated HRA

Quiz 2: Who is eligible for the BASE® Integrated HRA?

1. Employers are eligible for the BASE® Integrated HRA whether or not they have a group health insurance plan in place.

1. Answer: b. False

The BASE® Integrated HRA is a solution for employers with a group health insurance plan in place.

2. The BASE® Integrated HRA is a benefit for employees to help decrease insurance premium rates.

2. Answer: a. True.

Employers integrate Health Reimbursement Arrangements with group health coverage to add an additional benefit for employees to help decrease insurance premium rates.

3. The BASE® Integrated HRA means:

3. Answer: a. Decreased premium rates.

Employers integrate Health Reimbursement Arrangements with group health coverage to add an additional benefit for employees to help decrease insurance premium rates. Employers have more control of the total cost of their benefit plans by utilizing the BASE® Integrated HRA.

4. The BASE® Integrated HRA will work for:

4. Answer: a. Employer with two or more employees and sponsors a group underwritten health plan.

The Integrated HRA is available for employers with two or more employees and sponsors a group underwritten health plan that are looking to keep the same insurance coverage for their employees but reduce the overall cost.

5.The BASE® Integrated HRA must have a benefit limit.

5. Answer: a. True.

The BASE® Integrated HRA must have a benefit limit (plan maximum).

Congratulations!

You have successfully completed the BASE® Certification program.

You will be receiving a certificate of completion that will be mailed to your Agency Manager’s office.

For further questions, please contact BASE® at 1-877-342-5105 or visit us on the web at www.BASEonline.com.

Thank you for taking this quiz.

Continue to Section III: Chapter 3!