HEALTH REIMBURSEMENT ARRANGEMENTS:
TAX-ADVANTAGED, EMPLOYER-SPONSORED BENEFITS

The Health Reimbursement Arrangement (HRA) is a great addition to any benefits package because it allows employers to reduce healthcare-related expenses for their employees by providing an employer contribution to be used for out-of-pocket costs. And, by opting for a less expensive consumer-driven health plan, employers can use the money saved through the plan to fund employee HRAs with tax-free dollars. This gives employees control of their healthcare dollars.

The HRA is an employer-sponsored benefit, and with a fully customizable plan design, the employer has the flexibility to set which expenses will be eligible under the benefit. We recognize that every employer has different needs, which is why Discovery Benefits offers a wide variety of HRA plan designs.

WATCH NOW — WHY PARTICIPATE IN AN HRA?

ALL ABOUT HEALTH REIMBURSEMENT ARRANGEMENTS

 

Employer determines the type of HRA plan design that best aligns with their consumer-driven health plan

 

Employer sets a contribution limit based on their unique plan design criteria, such as coverage levels

 

Employer determines which expenses (within IRS guidelines) will be reimbursable through their plan 

 

Claims are submitted against the HRA and incurred or paid out under the plan design

THE DISCOVERY DIFFERENCE

HRAs are not a one-size-fits-all benefit, and we're not a one-size-fits-all administrator. We learn about our clients' goals and design the plan around them, using our more than 30 years of experience in the industry to determine what will work best.

With our HRA benefits, we offer:

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Flexible plan designs that can accommodate individual goals

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One card, one online account, one app, and one service center for all benefits

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A carrier-agnostic solution that increases flexibility

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Payment automation capabilities that speed up reimbursement

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