Brokers Insurance Corp. Group and Individual Health Insurance SpecialistBrokers Insurance Corporation
Home
Consumer Driven Plans
Health Savings Accounts
Home Reimbursement Accounts
Group Health
Individual Health
Group Dental, Life, STD & LTD
Voluntary Benefits
Get a Quote
Group Quote
Individual Quote
News
Directions
Contact Us
 
Health Reimbursement Accounts
 

What is a HRA?

A Health Reimbursement Account (HRA) gives employees the opportunity to manage their health care expenses in partnership with their employer. Designed to offset the cost of a high-deductible health plan, an HRA is an arrangement where the employer reimburses the employee for health expenses not covered by the health plan.

How It Works

  • Employer sponsors a high deductible health plan with the employer covering a portion of the deductible (10-30% savings on the medical premium)
  • The employer reimburses the employee a predetermined amount of money for qualified health expenses not covered by the group health insurance plan such as deductibles
  • Employer funded, employer owned, rollover at employer's option
"Brokers Insurance Services is an independent authorized producer/agency licensed to sell and promote products from Blue Cross and Blue Shield of North Carolina (BCBSNC). The content contained in this site is maintained by Brokers Insurance Services. Blue Cross and Blue Shield of North Carolina is an independent licensee of the Blue Cross and Blue Shield Association."
 


© Copyright Brokers Insurance Corp. 2006

Site design by Dongraphics.com