July 16, 2019
Health Reimbursment Account (HRA) Information
Health Reimbursement Account (HRA)
A Health Savings Account is an employer-paid reimbursement plan that provides employees with reimbursement funds for medical expenses, such as deductibles and coinsurance, not covered by insurance for qualified individuals.

You must be covered by a High Deductible Health Plan (HDHP) to be able to take advantage of a HRAs. A HDHP generally costs less than what traditional health care coverage costs.

Funds in an HRA are owned by the business and not the employee.

How Does It Work?
An employer sets aside a fixed dollar amount into the HRA fund account for each employee. Then, each employee can access his or her HRA funds with a debit card or by submitting a claim for reimbursement of the qualified medical expense.
Who Is Eligible?
Full time employees who are eligible for company benefits.

Business owners are not eligible for the reimbursement aspect of a HRA. They can enroll in the High Deductible Health Plan.
HRA and HSA Comparison of Differences
BCBS of DE - HRA Brochure
Qualified Expenses (HSA & HRA)