A Defined-Contribution Health Plan is not the same as Group Health Insurance for small businesses. In a defined-contribution health plan (a.k.a. health reimbursement account), your company makes a fixed contribution towards the plan, which employees can then use to pay for health care expenses. In a typical group health plan, employers absorb the majority of the cost of premiums; defined-contribution health plans are a way to share the cost of health insurance.
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