Employee and Employer Health Benefits Glossary

Learn what IRS Notice 2013-54 means for small businesses, HR teams, and employees, and how it reshaped compliant employer health benefits.

Learn how an Integrated HRA (Group Coverage HRA) works, who it helps, and how small businesses can use it to manage costs and stay compliant.

Learn how Individual Health Insurance works for small businesses, HR teams, and employees, including costs, rules, and how it pairs with modern benefits.

Learn what an In-Network Provider means for employees and employers, how costs work, and how HRAs like CHOICE (ICHRA) fit into smart benefits planning.

Learn how HRA rollover works, what’s allowed by law, and how HRA rollover impacts employers and employees in small business benefit plans.

Learn what an HRA Administrator does, why it matters, and how small businesses use an HRA Administrator to stay compliant and control benefit costs.

Learn how an HMO (Health Maintenance Organization) works, its pros and cons, and what it means for small businesses, HR teams, and employees.

Learn HIPAA basics for small businesses, HR teams, and employees, including privacy rules, compliance duties, and how benefits platforms can help.

Learn how a High-Deductible Health Plan (HDHP) works, who it fits, and how small businesses pair it with CHOICE (ICHRA) for flexible, compliant benefits.

A beginner-friendly guide to Healthcare.gov for small businesses, HR managers, and employees navigating coverage, costs, and CHOICE (ICHRA) coordination.

A beginner-friendly guide to Health Savings Account (HSA) rules, tax benefits, and how HSAs fit with modern benefits like CHOICE (ICHRA) for small businesses.

Learn what a health reimbursement arrangement (HRA) is, how employer-funded reimbursements work, and how HRAs support tax-advantaged employee health benefits.

Learn how Form 1095-C applies to small businesses, employers, and employees managing health benefits and IRS reporting requirements.

Learn what forfeiture means in CHOICE (ICHRA)/HRA plans, when unused reimbursements revert to employers, and how SimplyHRA tracks deadlines and compliance.

Learn what an FSA is, how pre-tax payroll deductions work, what expenses qualify, and how carryover/grace period rules affect “use-it-or-lose-it.”

A fiduciary must act in employees’ best interest when managing ERISA-covered benefits. Learn duties, risks, and best practices for employers.

The FFM is the federal ACA marketplace on HealthCare.gov where employees enroll in qualified health plans—often alongside CHOICE (ICHRA) reimbursements.

The FPL safe harbor is an ACA affordability method using federal poverty guidelines to set a max employee premium for self-only coverage.

An EOB explains how your insurer processed a claim—what was billed, allowed, paid, and what you may owe. It’s not a bill.