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Review:

Health Reimbursement Arrangements (hras)

overall review score: 4.2
score is between 0 and 5
Health Reimbursement Arrangements (HRAs) are employer-funded plans that reimburse employees for out-of-pocket medical expenses and allow unused funds to roll over from year to year.

Key Features

  • Employer-funded
  • Reimburse employees for medical expenses
  • Roll over unused funds

Pros

  • Helps employees cover out-of-pocket medical expenses
  • Unused funds can be rolled over
  • Tax benefits for employers

Cons

  • Dependent on employer funding
  • May not cover all medical expenses
  • Limited flexibility compared to other health plans

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Last updated: Sat, Feb 1, 2025, 03:45:05 AM UTC