A Health Reimbursement Account (HRAs) is an employer-funded account designed to assist employees in paying for certain out-of-pocket medical expenses. HRAs offer flexible plan design for an employer to meet a variety of needs. With the passage of Health Care Reform, HRAs must generally be provided in conjunction with a major medical plan and are often offered in conjunction with high-deductible, low premium health insurance plans for a total savings in health care costs.
The Beniversal HRA leverages the proprietary technology of the Beniversal®Prepaid Mastercard® for health care payments, along with streamlined online and mobile administration options, to provide a comprehensive, service-oriented administration solution.
*Actual adjudication rates will vary based on the health plan options and adjudication methods utilized.
Download our Select Services Programs Overview if you’re looking to provide expanded coverage for select services due to environmental, social, or regulatory factors.
Click here to download our HRA Comparison Guide
There are many potentially complex nuances on an HRA, but there doesn’t need to be. We would love to hear from you and help you determine the best HRA plan design to meet your current and long term goals.