HRA plans are employer-funded medical reimbursement plans.
The employer sets aside a specific amount of pre-tax dollars for employees to pay for health care expenses on an annual basis.
A Health Reimbursement Account (HRA) will be offered in 2022 to AURA employees that are enrolled in one of the HMSA plans to help pay for the additional out-of-pocket medical expenses.
Medical expenses that are applicable to the health plan’s deductible qualify for reimbursement.