HRA

A Health Reimbursement Arrangement (HRA) or health reimbursement account allows employers to help defray some out of pocket employee healthcare costs. This type of account is employer-funded, and IRS-approved. It allows for flexibility and employer choice for reimbursements. It reimburses employees for out-of-pocket medical expenses. It is a supplement to health insurance, and can help bridge the gap between what is covered by insurance and what is considered out-of-pocket. The administrators at ComTon will help you develop a HRA program that fits your company’s needs, and provides your employees with a valuable benefit package.