HR Glossary for HR Professionals
Glossary of the most common HR terms and acronyms to assist professionals navigating the ever-growing and ever-changing world of HR terminology.
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Health Reimbursement Arrangement (HRA)
What is a Health Reimbursement Arrangement (HRA)?
A Health Reimbursement Arrangement (HRA), sometimes called a Health Reimbursement Account, is an employer-funded (and owned) group health plan. Through HRAs, employees receive tax-free reimbursement for qualified medical expenses up to a certain dollar amount per year. Additionally, unused funds may roll over year to year.
See Also: Expanded HRA Rules