PeopleKeep by Remodel Health vs. Forma

PeopleKeep is Remodel Health’s tech-forward product line that empowers small and midsize businesses through health reimbursement arrangements (HRAs). An HRA is a formal employer-funded health benefit that allows organizations to reimburse their employees, tax-free, for the individual health insurance premiums and out-of-pocket medical expenses of their choosing. Unlike traditional group health insurance plans, HRAs enable your employees to choose their own health coverage that best fits their needs.

Companies spend millions annually on employee benefits that employees neither value nor regularly use. Founded in 2017, Forma set out to build a better model by challenging traditional one-size-fits-all approaches. Forma’s flexible benefits software helps companies offer competitive benefits packages while reducing costs and inefficiencies, by giving employees more choice and flexibility in how they spend their benefit allowances. The platform also saves HR professionals countless hours managing and supporting various point solutions.