Your Source for Understanding Personal, Business, Life, Health, Group Benefits, and Medicare Insurance.

Health Reimbursement Arrangement (HRA)

Health billing statement

How HRAs Offset Premiums & Deductibles For Group Plans

A health reimbursement arrangement (HRA) can offset premiums and deductibles in a group health insurance plan. These savings are realized when a high-deductible health plan (HDHP) is combined with a Deductible-Gap HRA. Employers can benefit by saving money and reducing overhead with a high deductible, while the effect on employees

Read More »