Health Reimbursement Account (HRA)

A Health Reimbursement Account allows you to use company provided funds to assist you in reaching your deductible. When you have a claim that is applied to your deductible, you will pay the claim from your HRA account first. Once all HRA funds are exhausted then you will be responsible for the balance. After you reach the deductible, you will move into a cost-share with the insurance company where you pay a percentage of the claims. This is referred to as co-insurance.