In this video, we explain how a Health Reimbursement Account (HRA) works:

• HRAs are entirely employer-funded accounts for employee healthcare expenses.

• They are designed to reimburse employees for out-of-pocket medical costs, not to collect contributions from them.

• HRAs can significantly reduce the financial impact of high deductibles on employees.

• The specifics of HRA reimbursement and eligible expenses can vary, so employees should familiarize themselves with their particular plan details.

• Understanding your HRA's structure and rules is essential for maximizing its benefits.