Health Reimbursement Arrangement (HRA)

A Health Reimbursement Arrangement (HRA) is a benefit plan that is financed by your employer. Through HRA benefits, you can receive tax-free reimbursements for eligible healthcare costs. It is the employer who decides which health expenses qualify.

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Understanding Health Reimbursement Arrangements

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What is an HRA?

Health Reimbursement Arrangements (HRAs) are employer-funded plans that reimburse employees for qualified medical expenses. These arrangements provide a flexible way for businesses to support their employees' healthcare needs while managing costs effectively.
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Benefits of HRAs

HRAs offer numerous advantages, including tax-free reimbursements, increased employee satisfaction, and the ability to customize plans to fit specific workforce needs. They empower employees to take control of their healthcare spending, making them a valuable addition to any benefits package.

Resources

HRA Fact Sheet