Health Reimbursement Account (HRA)
Coupled with your medical plan, an HRA can help you combat the rising cost of health care. An HRA is an employer-funded, tax-sheltered account to reimburse employees for allowable medical expenses. High-deductible health plan members who do not qualify for an HSA can be enrolled in an HRA. Established under Internal Revenue Code Section 105, this employee benefit plan allows participants to pay for certain out-of-pocket health care expenses while you remain in control of how the dollars are spent.
-Enjoy tax-free withdrawals for qualified expenses.
-Quickly and easily access funds with the Health Spending Card used at point of sale, or with funds directly deposited to a bank account through online distribution.
-Enjoy secure access to accounts using a convenient consumer portal available 24/7/365.
-Easily file claims online with the system doing the legwork of determining approval based on eligibility and availability of funds
-Stay up to date on balances and actions required with automated email alerts and convenient portal home page messages.
-Get one-click answers to benefits questions.
-Protect the environment by using paperless summaries available online.
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