>Health Reimbursement Arrangement (HRA)
Health Reimbursement Arrangement (HRA)

A Section 105 Health Reimbursement Arrangement (HRA) allows an employer more control over their healthcare costs by allowing them to reduce premiums and design the health plan for their employees in the most cost effective method. The employer uses the savings on the health insurance premiums to fund an HRA to reimburse employees for out of pockets medical costs. HRA dollars are tax free to the employee.