Blue Care Network's HMO HRA℠
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A health reimbursement arrangement, or HRA, is a fund set up by your employer that helps cover your out-of-pocket costs for medical deductibles, coinsurances, or both, depending on the plan selected by your employer.
What are the advantages?
- Affordability – Premiums for medical plans offered with an HRA are generally less per month than other plans.
- Employer contributions – There is no cost to you. Your employer funds your HRA.
- Tax benefits – Your HRA dollars are not taxed.
- Online account management – You can access all your HRA information from one Web site, including balances, recent account activity, coverage information, eligibility and much more.
page modified Monday, 14-Dec-09 13:02:52