Understanding Health Reimbursement Arrangements: A Beginner’s Guide

March 2024 These days, employers have many options when it comes to offering quality healthcare plans to their employees. In recent years, one option that has been gathering steam is that of the healthcare reimbursement arrangement (HRA). While an HRA is not an actual health insurance plan, it is an account-based plan that allows employers to reimburse employees for certain healthcare expenses. Typically, employers will offer an HRA in lieu of a traditional” group health plan. HRAs can be an excellent solution for some employers, but it’s important to understand the ins and outs of these plans before making a decision. View the full article here.