Health Reimbursement Account

(redirected from Health reimbursement accounts)

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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Louis, BeneFLEX administers employee benefit plans, including flexible spending accounts, health savings accounts, health reimbursement accounts, and COBRA for mid-market clients across the Midwest and California.
The staff benefits firm, which employs seven workers, offers group health, dental, vision, disability, life, long-term care, voluntary benefits, cafeteria plans, health reimbursement accounts, health savings accounts and retirement services.
In the draft platform, Republicans say, "We look to the growth of Health Savings Accounts and Health Reimbursement Accounts that empower patients and advance choice in healthcare.
According to the lawsuit, as many as 5,000 retirees and their spouses were affected when Weyerhaeuser stopped making contributions to their health reimbursement accounts on Jan.
Health Reimbursement Accounts, which made up almost 60 percent of the consumer-directed accounts in the first offer year and 75 percent in the third, are owned by employers.
The bank offers a package of products and services including health savings accounts, health reimbursement accounts and flexible spending accounts with access to HSA Bank's myHealth Portfolio, an online dashboard that consumers can use to store health-related data and receipts, file claims, initiate payments to providers, and consolidate expenses and claims from multiple providers.
Consequently, it is now more costly as well as inconvenient for consumers to obtain these products under health care FSA coverage or through other tax-advantaged accounts such as Health Savings Accounts (HSAs) or 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.
In addition to the regulatory climate, there also are consumer-driven health care plan models, such as health savings accounts (HSAs), health reimbursement accounts (HRAs), and hybrid plans.
It also does not include contributions to Archer MSAs, health savings accounts or health reimbursement accounts.
The Blues noted, too, that consumers with either health savings accounts or health reimbursement accounts were far likelier than other individuals to track health care expenditures.
Patriot specializes in consumer-directed health plans, such as health savings accounts and health reimbursement accounts, also known as HSAs and HRAs.
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