What happens if I become ineligible to participate or retire during the plan year?
Refer to your Plan Highlights regarding the status of your HRA if you become ineligible or retire during the plan year.
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Refer to your Plan Highlights regarding the status of your HRA if you become ineligible or retire during the plan year.
Refer to your Plan Highlights regarding the funds remaining in your HRA at the end of a plan year.
No. Services must be provided on or after your effective date in the plan, as indicated in your Plan Highlights.
After receiving and reviewing your claim, Benefit Resource will issue a reimbursement for your eligible expenses. There are three options for receiving your reimbursement: If
You can use your HRA for the reimbursement of certain eligible medical expenses not covered or reimbursed by any other source, whether provided to you
Your account balance will be displayed on the Explanation of Benefits (EOB) issued with each reimbursement check/Direct Deposit advice. Account information can be accessed 24/7
At the beginning of each plan year, your employer will notify you of the amount they will contribute to your HRA for that plan year.
On the date you become eligible to participate, you will be automatically enrolled in the HRA. You will continue to participate in the HRA until
Eligibility requirements for an HRA are indicated in your Plan Highlights.
For a plan that allows reimbursement of orthodontia (e.g. Medical FSA), IRS regulations allow reimbursement based on date of payment, date of service or the
No, you need to wait until after a medical service has been provided before submitting your claim. (Note the IRS exception on “How does reimbursement
As long as the service was provided, a claim can be submitted for reimbursement whether or not payment has been made.
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HSA Custodial Services are provided by a separate financial institution. See your HSA Account Agreement for specific account terms.
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