Health Reimbursement Account
A Health Reimbursement Account (HRA) is a type of employer-funded health benefit plan that reimburses employees for out-of-pocket medical expenses. These expenses can include deductibles, copays, and prescriptions. The employer funds the account and the employee can use the funds in the account to pay for qualified medical expenses. The funds in the account are not taxed, and any unused funds can rollover from year to year.
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Contributors: Prab R. Tumpati, MD
