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Frequently Asked Questions

What is an HRA?

Horizon BCBSNJ - MyWay - What is MyWay? - FAQs
An HRA (Health Reimbursement Arrangement) is used by employees to pay for eligible health care expenses. It is offered in conjunction with a high-deductible health insurance plan. An HRA is owned and funded by the employer. At the end of the year, unused funds may be carried over to the next year at the employer's discretion. If an employee leaves the company, the HRA stays with the employer.

How often can I take the HRA ?

LiveWell - UI Wellness
You must wait 90 days before retaking the HRA. Meanwhile, you can review your feedback from your last Quality Health Survey by clicking on Feedback Report from the HRA homepage (accessed through Self Service). Please note that one can only earn the monetary incentive one time per calendar year. ^ TOP

IS IT PORTABLE?

VIDEOEYE Frequently Asked Questions
It can be moved, but it is not portable. The monitor weighs about 75 pounds. The arm is clamped to the back of a desk or table and the screen rests on the surface.

My employer offers an HRA, can I have both an HRA and an HSA?

U.S. Treasury - HSA Frequently Asked Questions
You can have both types of accounts, but only under certain circumstances. General Health Reimbursement Arrangements (HRAs) will probably make you ineligible for an HSA. If your employer offers a “limited purpose” (limited to dental, vision or preventive care) or “post-deductible” (pay for medical expenses after the plan deductible is met) HRA, then you can still be eligible for an HSA.

Is the HRA part of HUD?

Housing Redevelopment Authority of Duluth
No. Although the HRA receives much of its operating funds from HUD, the HRA is not a local branch of HUD. The HRA is governed by a 7 member board of Directors appointed by the Mayor of Duluth, with approval by the City Council. Please go to the bottom of this page and click on Links to the Federal and Minnesota HUD Offices.

Can I have both an FSA and an HRA?

Welcome to mySHPS
Yes. However, the IRS requires your employer to determine which account is used first ? your FSA or HRA. For example, your employer may decide that your FSA funds are to be used first. Your HRA funds will not be used until all the money is spent from your FSA. Or, your employer may decide the HRA is to be used first. Please see your employer's plan documents for more information.

How much will be contributed to my HRA?

Welcome to mySHPS
The annual contribution amount and the timing of contributions are determined by your employer. Please see your employer's plan documents for more information.

How long have HRA's been around?

faq
Section 105 of the Code has been around since the 1954 Act; however, HRA's have only recently come into general use as medical expenses and health insurance costs have risen.

HOW PORTABLE ARE THE UNITS?

FAQs on Body Shapers Electronic Muscle Stimulator/Stimulator...
All of our Body Shapers combination EMS & TENS home exercisers are portable, lightweight and compact, you can use them anywhere. At home, travelling, even at work. Each unit comes with it's own carrying case, larger models have briefcases. A forty-five minute treatment of Electronic Muscle Stimulator (EMS) at average intensity can be equivalent to three hundred sit-ups, one hundred push-ups, and one hundred scissor lifts.

My spouse has an FSA or HRA through their employer, can I have HSA?

U.S. Treasury - HSA Frequently Asked Questions
You cannot have an HSA if your spouse’s FSA or HRA can pay for any of your medical expenses before your HDHP deductible is met.

How do I enroll in the HRA program?

Health Reinsurance Association
Send the application and the first month premium to HRA along with any other required documentation. (i.e. If you are applying for the Special Health Care low income plan, you must send a copy of your most recent filed Federal Tax Return to show your Adjusted Gross Income. If you are applying for a Portability plan, please send in a copy of your Certification of Group Coverage form.)

How can an employee access his/her HRA funds?

Horizon BCBSNJ - MyWay - What is MyWay? - FAQs
Money from an HRA can be accessed by using a debit card issued by your insurer or by submitting a claim.

Where does the HRA operate?

Housing Redevelopment Authority of Duluth
Within the city limits of Duluth except Section 8 which can assist persons in a larger geographical area.

Can I use an HRA if I have health insurance?

Welcome to mySHPS
Yes. In fact, the HRA is designed to cover expenses not paid by your health insurance, including co-payments and amounts below the deductible, as well as other medical expenses many health plans don't cover.

What is the Health Reimbursement Account (HRA)?

myuhc.com
The Health Reimbursement Account (HRA) is a powerful new component of what is sometimes called a "consumer-driven" health plan or a "self-directed" health plan. Consumer-driven plans put you in control of how your benefit dollars are spent. These plan designs give you freedom of choice and control in return for greater involvement and responsibility for managing the account yourself. Your employer deposits money into your Health Reimbursement Account (HRA).

How does a HRA work?

myuhc.com
Contributions to your HRA are funded by your employer at a fixed annual amount each year. Medical claims are submitted to your HRA for reimbursement. If you spend all the money in your account, you will be responsible for paying a certain amount for medical expenses, up to a pre-set limit (deductible), before traditional PPO coinsurance medical plan coverage begins. If you don't spend all the money in your account, the remaining balance rolls over to the next year's Health Reimbursement Account.
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