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Health Reimbursement Account
(redirected from Health reimbursement accounts)

   Also found in: Wikipedia 0.01 sec.
Health Reimbursement Account
A structure in which an employer makes contributions to a special account that can be used to pay for participating employees' medical expenses not reimbursed by his/her ordinary health insurance. The employee may use funds in the account to make premium payments or to pay for unexpected expenses. The employee does not pay taxes on these benefits. A health reimbursement account helps reduce one's risk of being underinsured. See also: Health savings account.


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Patriot specializes in consumer-directed health plans, such as health savings accounts and health reimbursement accounts, also known as HSAs and HRAs.
The health care plan provides for fully funded preventive care and new company-funded health reimbursement accounts that can be used toward any eligible health care expense; both serve to offset some cost changes in the plan, along with wage increases and other improvements.
By 2010, insurers will upgrade claims engines to accommodate deductibles, drug codes and procedure codes associated with health reimbursement accounts (HRAs), and they will improve user interface tools and wizards to facilitate self-service by their consumer members.
 
 
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