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Prior to age 6 if you enroll in Farmers retiree high deductible health plan, your HRA balance can be used to help pay your monthly premium costs, in part or. Retiree solutions from market leader.
Whether you want to maintain traditional group benefits , are considering a subsidy, or moving to an exchange solution, we can help you gain control of your health care costs, provide quality coverage for your retirees and more easily manage your benefits. Learn more about benefits, drug coverage options, enrollment and accessing care from your doctor. It offers employers an effective way to manage their long-term financial risks while meeting the retirement health care benefit commitments made to their employees years earlier. Interested in other options?
RRA distributions are tax-free when used for qualified health care expenses. The RRA is a great long-term tool that allows retirees to save for future health care expenses. Each year ending RRA balances roll over into the new year.