What Is a Health Reimbursement Arrangement?

A Health Reimbursement Arrangement (HRA) is a plan designed to help you manage the rising costs of health care by allowing you to pay for qualified medical expenses with money set aside in an account by your employer. Think of it as a personal account for medical expenses.

Your employer sets aside money on a pre-tax basis — this means as long as you use the money for eligible expenses, you won’t pay income taxes on it. Employers can choose what is qualified and may change from group to group.

How Does It Work?

Participating in a Surency Flex HRA is easy.

  1. Your employer will contribute a specified amount to your account each year. The money may be deposited in increments or in one lump sum. 
  2. When you are ready to use the money in your HRA for a qualified medical expense (contact your benefits administrator for a list of eligible expenses), just swipe your Surency Flex Benefits Card. You can also file a claim electronically after you have paid upfront for an eligible expense during your Plan Year from the mobile app or Member Account, and you will be reimbursed with money from your HRA, as long as you have funds available.
  3. Check with your benefits administrator to determine if your employer allows for funds to roll over at the end of each year. If rollover is not available, be sure to use the funds in your HRA by the end of the year.