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Health Reimbursement Account
(redirected from Health reimbursement arrangement)

   Also found in: Acronyms, 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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Consumer-driven health-care products became the newest entrants in the health-care arena, starting with Health Reimbursement Arrangements in 2002.
I happen to be a health reimbursement arrangement administrator for eFlexgroup.
Fortunately, most self-employed people qualify to set up an HRA or Health Reimbursement Arrangement.
 
 
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