Health Reimbursement Arrangement (HRA)

A health reimbursement arrangement (HRA) is an employer funded arrangement that reimburses employees for qualified medical care expenses. Typically, an employer will choose to combine an HRA with a high deductible health plan.

Advantages of an HRA

• Choice and control over your healthcare spending
• Contributions to an HRA from your employer are not treated as taxable income

Your employer may elect to provide reimbursement through several options. These options, as outlined below, include a debit card, automatic reimbursements, and the traditional manual submission of reimbursement forms.

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

If you have questions or concerns about your account you may contact our Customer Service at info@bluehealthcarebank.com.