Health Reimbursement Arrangements

iStock_000003394813XSmallA Health Reimbursement Arrangement (HRA) may be referred to as a personal care account or a consumer-driven health care plan. HRAs reimburse employees for medical care expenses not already paid for by the employer’s health plan. The HRA is funded 100% by your employer and is a great way to help stretch your healthcare budget because it allows one to pay for healthcare expenses with money that is not taxed.