HR Glossary

Health Reimbursement Account (HRA)

By Katie Milner November 3, 2019 No Comments

What is a Health Reimbursement Account (HRA)? Definition below:

”A Health Reimbursement Account (HRA) is a special account funded by an employer which assists employees in paying for qualified health expenses.

This tax-free benefit allows employees to pay for expenses not covered in a health insurance plan, such as dental or vision costs. The amount of spending availability for an HRA is determined by the employer. A Health Reimbursement Account has optional rollover availability and can be used for qualified spousal or dependent medical costs.

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Katie Milner

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