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Phone: (402) 463-2461
Fax:(402) 463-2469
2203 Osborne Drive
Hastings, NE 68901 

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Phone: (402) 884-1320
Fax: (402) 884-1833
4331 North 156th Street
Omaha, NE 68116 

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Phone: (308) 698-0114
Fax: (308) 698-0118

4004 6th Avenue
Kearney, NE 68845

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Phone: (402) 470-0337
Fax: (402)327-8483

7120 Stephanie Lane, Ste 200
Lincoln, NE 68516

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Health Reimbursement Arrangement (HRA) Insurance

A Health Reimbursement Arrangement is a tax-advantaged benefit that allows both employees and employers to save on the cost of healthcare.

HRA plans are employer-funded medical reimbursement plans. The employer sets aside a specific amount of pre-tax dollars for employees to pay for health care expenses on an annual basis. Based on the plan design, HRAs can generate significant savings in overall health benefits.

The primary requirements for an HRA are that (1) the plan must be funded solely by the employer and cannot be funded by salary reduction, and (2) the plan may only provide benefits for substantiated medical expenses.

HRAs may be designed in many fashions to suit the specific needs of the employer and employees. It is one of the most flexible types of employee benefit plans making it very attractive to most employers.

 

Health Reimbursement Arrangement Quote Request


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