Healthcare - HRA

Health Reimbursement Arrangement (HRA)

  • Employer reimburses participant for qualified medical, dental, and vision expenses.
  • Expenses are determined by the employer, typically medical deductible/coinsurance.


Participant Benefits

  • Way to offset medical expenses that typically have a higher deductible.
  • Employer-funded and don’t pay taxes on employer contributions.
  • Improves financial & mental wellbeing.

Employer Benefits

  • All contributions are tax-deductible.
  • Determine which expenses are covered.
  • Improves recruiting, retention and engagement.