How the RHSP works

OVERVIEW

Simple integrated solution

Prefund, during an employee’s active working years, a triple tax-free RHSP that includes an employee-directed investment account and a reimbursement benefit for qualified medical expenses in retirement. Have the option to add access to national group retiree health insurance plans, underwritten by Aetna (HealthPartners in Minnesota).
WHAT IT INCLUDES
  • Defined contribution healthcare reimbursement account [105(h) code plan]
  • VEBA or governmental trust
  • Open architecture investment platform
  • Tax-free reimbursement for qualified medical expenses in retirement
  • Optional group retiree health insurance (not subject to medical underwriting)
  • Optional benefits for executives and targeted employees
HOW IT WORKS

Optional health insurance

We help participants make the most of their plan.
Choose from over 65,000 pharmacies nationwide
Clear, easy-to-understand insurance enrollment kits
Easy-to-navigate secure website
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Health- and plan-related education and targeted communications