HEALTH REIMBURSEMENT ARRANGEMENTS (HRA)
Health Reimbursement Arrangements (HRAs) are a major part of the growing trend toward greater consumer health care responsibility. HRA plans are employer-funded medical reimbursement plans.
An Inspire Wrokforce HRA can be used in conjunction with a high-deductible health plan to curb premium costs or with a Flexible Spending Account (FSA) to help cover out-of-pock et expenses.
Health Reimbursement Arrangements (HRAs) are employer-designed and employer-funded plans that reimburse employees for out-of-pocket medical expenses not covered by a health insurance plan. HRAs are a major part of the growing trend toward greater consumer health care responsibility. An Inspire Workplace HRA can be used in conjunction with a high-deductible health plan to curb premium costs or with a Flexible Spending Account (FSA) to help cover out-of-pocket expenses. If the HRA is used to cover medical expenses, it must follow applicable rules requiring integration with a medical plan.
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Please feel free to contact us to set up a time for a one on one listening session with one of our business consultants, or if you prefer we can also arrange a webinar in which we address specific needs. Either way we look forward to meeting you!
