Interactive Medical Systems, Corp. MEMBERS EMPLOYERS PRODUCERS PROVIDERS SOLUTIONS MEET OUR TEAM CONTACT 800-426-8739 Health Reimbursement Account (HRA) Administration A comprehensive, compliant, full-service solution Contact Us Home » Solutions » Health Reimbursement Accounts (HRA) Health Reimbursement Accounts (HRAs) are a type of healthcare benefit account owned and funded by employers. Employees do not pay into an HRA, but they use this account to cover eligible healthcare expenses. By integrating an HRA with a major medical plan, employers can lower the medical plan premium costs by increasing the deductible and out of pocket maximum, or increasing or removing certain copays (such as specialty prescription drug and specialist office visits), all while minimizing the impact to employees by giving them HRA dollars to help cover the increased out of pocket expenses. Health Reimbursement Account (HRA) • Can be offered by employers of any size • Employer contributions to the HRA are tax-deductible to the employer and tax-free to the employee • Employer defines the eligible out-of-pocket expenses and sets the maximum amount that can be reimbursed • Some HRA plan designs allow for a Benefits Debit Card (ex: an HRA that reimburses specialty office visits or prescription drugs that would commonly go to deductible) • Funds cannot be used to pay for health insurance premiums IMS can establish and administer your Health Reimbursement Account plan. Our experienced staff will help you construct an effective HRA plan design, and our industry-leading claims processing and administrative systems will assure the efficient and accurate day-to-day processing of your HRA Plan. Contact us today for your benefit needs. Please call 800-426-8739 or fill out our form below. Your Name* First Name Last Name Email Address* Phone Number I Am Inquiring About:* ----- Select ------ Medical/Dental/Vision Plan FSA/HRA/HSA COBRA/Retiree Billing Sales/New Business Opportunities Other Message By submitting this form, you are consenting to our privacy policy. Please do not send protected health information using this email form. Submit My Message MEMBERS EMPLOYERS PRODUCERS PROVIDERS CONTACT PRIVACY POLICY SITEMAP Interactive Medical Systems, Corp. 800-426-8739 Copyright © 2021 Interactive Medical Systems - All rights reserved. | Sitemap | Privacy Policy Responsive Web Design + Search Engine Optimization Services by TheeDigital