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HRA Plan

  • Date updated 2019-04-07
  • Author Dexter Brooks
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  • Categories
  • Health Plans
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  • benefits
  • health plans

What is a HRA Plan?

Health Reimbursement Accounts (HRAs) are employer-funded group health plans from which employees are reimbursed tax-free for qualified medical expenses up to a fixed dollar amount per year. Unused amounts may be rolled over to be used in subsequent years. The employer funds and owns the account. Health Reimbursement Accounts are sometimes called Health Reimbursement Arrangements.

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