Deductibles, Coinsurance, Copays for HRA Management
The market is experiencing a large increase in HRA plan adoption, with many creative plan rules. StreamlineHR’s HRA plan design, consultation, and unique solution process is very robust.
Our HRA solution allows employees to:
● Store and view health care spending data in unique ways, to truly engage them in management of not only the HRA, but awareness of what kind of health care expenses they are experiencing over time
● Access accounts in several convenient ways. Our Consumer Portal, mobile application, and debit card are all fully integrated to provide a convenient and streamlined experience.
● Track employer contribution deposits and payment history
Our HRA solution allows you, the sponsor of the HRA program, to:
● Offer a choice of 15 basic HRA plan designs, such as HRA with individual/ family deductible, HRA with copayments for specific expense types, HRA with percentage payouts, and HRA with embedded deductible
● Manage HRA contributions, schedules, and reimbursement rules within the interface and allow for tiered contributions (individual, individual + spouse, etc.), custom contribution schedules, and individual/member maximums
● Accept wellness incentive contributions within an existing HRA or stand-alone for further employee engagement in their health care
Our solution uses the industry-leading Evolution1® 1Cloud CDH platform, which provides a single end-to-end user experience for administering reimbursement accounts. The user experience removes the complexity from decision making and streamlines health care management for employers and consumers.