Health Reimbursement Account

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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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In addition to health savings accounts, HSA Bank offers health reimbursement accounts (HRAs) and flexible spending accounts (FSAs) with access to HSA Bank's myHealth Portfolio[sup.
myEasyBook is designed for UnitedHealthcare plan participants enrolled in high-deductible health plans linked to Health Savings Accounts (HSAs) and Health Reimbursement Accounts (HRAs).
More than half of employers (57 percent) say they offer CDHPs, such as health savings accounts and health reimbursement accounts, but that percentage will rise to 62 percent in 2013 and continue to rise steadily to 71 percent through 2018, the survey finds.
It also does not include contributions to Archer MSAs, health savings accounts or health reimbursement accounts.
Patriot specializes in consumer-directed health plans, such as health savings accounts and health reimbursement accounts, also known as HSAs and HRAs.
In 2003, DataPath became the first company to introduce consumer credit cards that work seamlessly with flexible spending accounts, health reimbursement accounts, dependent care plans and health savings accounts.
Health Savings Accounts and their sister health plan, Health Reimbursement Accounts, have become the hottest new product in the health insurance business, and marketers are using the concepts to open the doors to employers who are still seeking ways to reduce long and short-term health-care costs.
HSAs and similar accounts, such as health reimbursement accounts, can also create big savings for employers, Mr.
HSAs and similar accounts, such as health reimbursement accounts, also are capable of creating big savings for employers, Mr.
In this study, we report findings from a national health plan survey that included questions designed to measure the uptake of health reimbursement accounts, premium-tiered and point-of-care tiered model plans, and consumer-centered elements of mainstream MCOs.
Key components include: the Complete CDHP Solution, which involves management of all key requirements such as enrollment, funds management, and provider and member customer service; the Advanced HRA/ FSA/HSA Solution, which processes adjudicated medical claims against health reimbursement accounts, flexible spending accounts or health savings accounts, and then generates one explanation of benefits that integrates health insurance information without spending account data; and Comprehensive e-Solutions, a group of tools such as the Advanced CDHP Web Solution that enables health plans to empower members to make decisions about their healthcare and monitor their spending account status.
Health Reimbursement Accounts (HRA) feature employer-paid health reimbursement accounts and incentives for employees to be better consumers of healthcare.
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