Health Reimbursement Arrangements (HRA)

Health Reimbursement Arrangements (HRA), are a major part of the growing trend toward greater consumer health care responsibility. An HRA, also known as a health reimbursement account, is an employer-funded medical reimbursement plan.

Get a Quote

What is an HRA?

An HRA can be used in conjunction with a high-deductible health plan to curb premium costs or with a Flexible Spending Account (FSA) to help cover out-of-pocket expenses.

Health Reimbursement Arrangements (HRAs) are employer-designed and employer-funded plans that reimburse employees for out-of-pocket medical expenses not covered by a health insurance plan. HRAs are a major part of the growing trend toward greater consumer health care responsibility. An HRA can be used in conjunction with a high-deductible health plan to curb premium costs or with a Flexible Spending Account (FSA) to help cover out-of-pocket expenses. If the HRA is used to cover medical expenses, it must follow applicable rules requiring integration with a medical plan.

An HRA includes:

  • Multiple plan designs to choose from
  • Online nondiscrimination test
  • Online reimbursement request form
  • Direct deposit
  • Client and participant website and call center support
  • Online reports and access to HRA resource center

IRS Announces 2022 Tax Benefit Changes

Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) 2021 2022
Individual Coverage $5,300 $5,450
Family Coverage $10,700 $11,050

Client issues are just non-existent with isolved Benefit Services. Even if there is an issue, you guys just take care of it.
– Jeff Hoerle, Priority Health

Your Life Gets Easier Here

Our team members are ready to help.