Supporting LGBTQ+ employees with Specialty HRAs

Offering emergent support for LGBTQ+ employees

Last week, the Human Rights Campaign declared its first-ever state of emergency for the LGBTQ+ population in the U.S. Given the magnitude of the announcement, many companies are looking for solutions that support this community.

Since 2017, Forma has been redefining employee benefits with customizable spending accounts that let employees choose what's meaningful to them. Core to the company's mission is providing equitable benefits for all. The flexible benefits suite intentionally includes a broad range of solutions that can be tailored to support diverse needs.

Forma’s Specialty Health Reimbursement Arrangement (HRA) programs help address LGBTQ+ employee healthcare needs and provide benefits equitably.*

*HRAs provide employers with a tax-advantaged and custom approach to healthcare benefits. Forma's HRA is a defined contribution account-based plan aimed to cover the cost of out-of-pocket healthcare expenses not adequately covered by group medical plans.

"Forma was founded on freedom and choice. Everyone should have the freedom to make choices about their healthcare based on their personal needs. With the news of the LGBTQ+ state of emergency, we will continue to stand by our mission to support all people and provide equitable benefits. We purposefully set out to offer products within our flexible benefits suite that support all people and their unique needs.”

- Jason Fan, CEO and co-founder at Forma

Introducing Speciality HRAs for the LGBTQ+ workforce

Support your LGBTQ+ community with Specialty HRAs that supplement healthcare gaps and provide equitable coverage.

Gender Affirmation HRA

Offer gender-affirming hormone therapy, gender-affirmation surgery, counseling, therapy, medical procedures, and other healthcare needed to support gender-affirming care.

Medical Travel and Accommodations HRA

Help cover the cost of healthcare travel, such as food, lodging, and transit costs when care is not available nearby for employees in need of care.

Providing services and support

The Forma team provides implementation and administration services, as well as recommendations for program design, plan document creation, and non-discrimination testing.

For more information about Speciality HRAs for the LGBTQ+ workforce and discuss Forma's platform, <span class="text-style-link text-color-blue" fs-mirrorclick-element="trigger" role="button">schedule a consultation</span> with one of our experts. We’d be happy to help you find the perfect solution for your unique needs.