Health Reimbursement Arrangements (HRA)
A New Employer Funded Account

Overview
HRA is an employer funded health benefit plan where the employer controls the plan design and expenditures. In general, the employer controls:

• Eligibility - HRAs have the same nondiscrimination rules as FSAs and POPs.
• Type of reimbursable health care expenditures.
• Funding - the amount, frequency of funding, carryover, etc.
• HRAs may be implemented in conjunction with the company's medical plan or as a stand-alone program.

Participant Benefits

• HRAs may fund both out-of-pocket medical expenses as well as health insurance premiums.
• Unused funds may be carried over from year to year, and accumulated for future healthcare needs.
• Employees may opt for an HRA without participating in the company's major medical plan.