Health Reimbursement Arrangement (HRA)

URI: https://gptkb.org/entity/Health_Reimbursement_Arrangement_(HRA)

GPTKB entity

Statements (51)

Predicate	Object
gptkbp:instanceOf	health benefit plan
gptkbp:abbreviation	gptkb:HRA
gptkbp:administeredBy	employer
gptkbp:annualContributionLimit	set by employer
gptkbp:balanceForfeitedOnTermination	yes, unless employer allows continuation
gptkbp:canBe	gptkb:Medicare_premiums prescription drugs COBRA premiums dental expenses over-the-counter medications (with prescription) vision expenses long-term care premiums qualified out-of-pocket medical expenses
gptkbp:canBeUsedForDependents	yes
gptkbp:compatibleWith	gptkb:tax_law payroll tax
gptkbp:countryOfOrigin	gptkb:United_States
gptkbp:eligibility	employees retirees
gptkbp:employeeContributionAllowed	no
gptkbp:fundedBy	employer
https://www.w3.org/2000/01/rdf-schema#label	Health Reimbursement Arrangement (HRA)
gptkbp:integratesWith	individual health insurance group health plan
gptkbp:introducedIn	2002
gptkbp:IRSRegulation	gptkb:Internal_Revenue_Code_Section_105
gptkbp:ownedBy	employer
gptkbp:planDesignFlexibility	high
gptkbp:portable	no
gptkbp:purpose	reimburse employees for medical expenses
gptkbp:regulates	gptkb:U.S._Department_of_the_Treasury gptkb:Internal_Revenue_Service_(IRS)
gptkbp:reimbursementMethod	substantiation required
gptkbp:relatedTo	gptkb:Flexible_Spending_Account_(FSA) gptkb:Health_Savings_Account_(HSA)
gptkbp:rolloverAllowed	employer discretion
gptkbp:subjectToACA	yes
gptkbp:subjectToCOBRA	yes
gptkbp:subjectToERISA	yes
gptkbp:subjectToNondiscriminationRules	yes
gptkbp:targetUser	notional account
gptkbp:taxAdvantaged	yes
gptkbp:taxTreatmentForEmployee	tax-free
gptkbp:taxTreatmentForEmployer	tax-deductible
gptkbp:type	employer-funded health benefit
gptkbp:usedFor	qualified medical expenses health insurance premiums
gptkbp:bfsParent	gptkb:Flexible_Spending_Accounts_(FSAs) gptkb:Flexible_Spending_Account_(FSA) gptkb:Health_Savings_Account_(HSA)
gptkbp:bfsLayer	8