The Health Reimbursement Arrangement empowers employees to control how their benefit dollars are spent. Designed around a high deductible medical plan, employees are provided a Health Reimbursement Arrangement (HRA) from which they may choose to apply funds toward their deductible, prescriptions or to obtain other allowable health care services as defined by the plan.
This design encourages employees to shop for their care to receive the most value for their dollar. The plan reimburses out‐of‐pocket expenses such as deductibles and other allowable health care expenses as defined by the employer.
Please note that all HRA plans are not created equal. HRPro will help guide your clients to the HRA plan that best suits their organization.