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With your health reimbursement account
Keep money in your pocket, compliments of your employer
Your health plan comes with a health reimbursement account (HRA) that’s funded by your employer and helps pay for covered health care costs. Your employer decides how much money to contribute to your HRA each year, as well as which health care expenses are covered by your HRA.
What are the benefits of an HRA?
Lower out-of-pocket costs
An HRA helps offset your out-of-pocket costs with money set aside by your employer.
Tax-free money
You don’t have to pay taxes on your HRA funds.
No payroll deductions
Even though your employer contributes money to your HRA, that money isn’t subject to payroll deductions.
What expenses are covered?
Common covered expenses include:
Urgent and emergency care
Hospital visits
Lab tests
Your percentage of costs
Be sure to check with your employer so you know what’s covered and what can be reimbursed with your HRA.
Don’t forget to save your receipts!
You might need to verify expenses.