Healthcare Coverage: Health Reimbursement Arrangement
HRA
Health reimbursement arrangements (HRA) are accounts that employers can establish for employees to reimburse a portion of their eligible family members' out-of-pocket medical expenses, such as deductibles, coinsurance and pharmacy expenses.
As an HRA administrator, Blue Healthcare Bank provides support for member pre-enrollment, group set-up, member enrollment, payment options, qualified medical expense substantiation, customer service, billing and reporting.