›

Anybody using an HRA?

CroutCrout 1,238 Posts
in Benefits & Leave Vote Up0Vote Down
And if so, what do you think about it?
Share on Facebook Share on Twitter

Comments

  • 3 Comments sorted by Votes Date Added
  • ritaanzritaanz 2,665 Posts
    PMVote Up0Vote Down
    What's a HRA? x:-/



    Share on Facebook Share on Twitter
  • GillianGillian 885 Posts
    PMVote Up0Vote Down
    A Healthcare Reimbursement Account. It is an approach to managing healthcare costs. I don't know if it is a new idea but seems to have gained steam with the major premium increases that are occurring. As I understand it, the employer grants a certain dollar amount to employees for first dollar coverage and changes their health insurance to a much higher deductible. Our insurance broker sent us an article from Business Insurance (July 1, 2002) which states that the IRS has approved the rollover of funds. We are interested but it is so new that not many employers are aware of HRA's yet.
    Share on Facebook Share on Twitter
  • GillianGillian 885 Posts
    PMVote Up0Vote Down
    An excellent press release from Hewitt Associates which discusses HRA's is available on line The release is called IRS Guidance May Increase Adoption of Consumer Directed Health Plans. Go to www. hewitt.com, click on Latest Press Releases, go to Health Care under topic search. The release is the second one from the top.
    Share on Facebook Share on Twitter
Sign In or Register to comment.