Health Reimbursement Arrangement (HRA)

• Employees have choices and control over their healthcare spending
• Employees are encouraged to gain a better understanding of the true costs of healthcare and become better consumers
• Your clients can more effectively control their benefit costs by offering an inexpensive high deductible health insurance option in combination with an HRA

Your clients may choose from several methods for employees to be reimbursed for eligible expenses. As outlined below, these options include a debit card, automatic reimbursements, or the traditional manual submission of a reimbursement form.

• Self-reimbursement or manual submittals are also available. Employees will be required to provide a copy of an Explanation of Benefits or copies of their receipts for prescriptions or non-covered health-related expenses with their submittal.
• An employee may access funds by auto-reimbursement of any Blue Cross and Blue Shield company-submitted claim. This process is determined by the employer and based on their specific plan.
• The Blue Healthcare Bank debit card enables employees to access the HRA funds at any point of service (providers or merchants) that accepts debit card payments for qualified expenses. This option is determined by the employer and based on their specific plan.