Common use of Health Reimbursement Account Clause in Contracts

Health Reimbursement Account. Subject to all applicable IRS regulations, a Health Reimbursement Account (“HRA”) shall be made available for any employee who is precluded from participating in a Health Savings Account (“HSA”) because the employee receives Medicare and/or veterans’ benefits. The annual maximum reimbursement by the City for employees participating in the HRA shall not exceed the dollar amount of the City’s annual HSA contribution for employees enrolled in the HSA.

Health Reimbursement Account. Subject to all applicable IRS regulations, a Health Reimbursement Account (“HRA”―HRA‖) shall be made available for any employee who is precluded from participating in a Health Savings Account (“HSA”―HSA‖) because the employee receives Medicare and/or veterans’ benefits. The annual maximum reimbursement by the City for employees participating in the HRA shall not exceed the dollar amount of the City’s annual HSA contribution for employees enrolled in the HSA.