A health reimbursement arrangement (HRA) is an account funded by your employer that helps pay for certain out-of-pocket medical expenses. Keep money in your pocket, compliments of your employer.
At the beginning of each health plan year, your employer determines the amount of money the company will contribute to your HRA and identifies eligible medical expenses. During the course of the year, you are able to use your funds for out-of-pocket expenses. In most cases, your health plan will receive and process a medical claim against your medical plan and then send the claim to be reviewed for payment from your HRA.
A Health Reimbursement Arrangement (HRA) is an employer-funded benefit that reimburses you for qualified out-of-pocket medical expenses.
Our team of HRA specialists based in Salt Lake City is available every hour of every day, providing you with the tools and information you need to optimize your HRA.
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