An HRA administered by Advanced Benefits Management gives you a fresh approach to your benefit package. An HRA is an account funded by the employer, and allows your employees to use these dollars for eligible out-of-pocket medical expenses.  Providing an HRA and a High Deductible Health Plan (HDHP) results in a cost-efficient plan for employers and empowers the employee to take a more active role in their health care benefits.
1. Standard HRA
Enhance your current benefit plan with a Standard HRA designed to reimburse 100% of eligible expenses up to the total benefit amount.  Perfect for wellness plans, vision expenses, and out of pocket medical expenses.
2. Deductible HRA
Offer a competitive benefits package while still increasing your medical deductible.    Add a Deductible HRA and reimburse eligible expenses at 100% up to the total benefit amount after a lower deductible is met.
3. Coinsurance HRA
Reduce out-of-pocket expenses for your employees with a Coinsurance HRA.  Reimburse a specified percentage, up to the total benefit amount, to assist employees with the cost of eligible expenses.