A doctor consulting with a patient

Health Reimbursement Arrangements (HRA)

A Health Reimbursement Arrangement (HRA) is a tax-advantaged account to which employers make contributions to help their employees cover their health care costs. Contributions to this account are not taxed, and employees can use their HRA to pay for any qualified medical expense for themselves or their spouse or dependents as defined in your plan.

Our HRA solution offers account management and claims processing technology paired with a focus on providing a solution customized to meet your unique design requirements.

HRA plan design options:

  • General HRA covers all IRS-approved expenses for prescription and medical expenses
  • Limited Purpose HRA is usually restricted to dental and vision expenses, typical for HRA s coupled with an HSA
  • Retirement HRA is restricted to post-retirement benefits and the HRA remains dormant (or inactive) until the member becomes eligible

Support for Multiple Plan Design Options

We offer a robust engine that supports flexibility and employer account design, including:

  • All covered expenses – Section 213(d), medical and Rx, medical only
  • Stacking with primary deductible (out-of-pocket expenses)
  • Stacking of accounts by expense type
  • Claims processing according to plan design

HRA Features

  • Flexible and robust plan design engine
  • Quick and easy online claims submission for payments and reimbursements
  • Access to historical HRA information
  • Intelligent BenefitWallet Visa debit card
  • HRA eligible expense lists matched to employer design
  • Online employer reporting
  • Specialized communication materials
  • Mobile app features including:
    • View account balances and transaction history
    • View account alerts and claim details
    • Submit a new claim
    • Upload photo images of claim documentation
    • View a smart list of only claims that require your action

To learn more about our Health Reimbursement Arrangements, please contact us.