Common use of Health Reimbursement Arrangement (HRA Clause in Contracts

Health Reimbursement Arrangement (HRA. If a teacher selects the Gold CDHP Plan for health coverage, the teacher may elect to participate in a Health Reimbursement Arrangement (“HRA”). The District shall offer an integrated HRA, including both Rx (prescription) and medical expenses to teachers enrolled in the Gold CDHP Plan. The HRA shall cover all medical deductibles, co-insurance, copays, and Rx costs (“medical expenses”) provided however, the teacher shall pay the first dollar amount of medical expenses as defined herein up to the following amounts: single -$ 400; two person - $800; parent/child(ren) - $800; family - $800 of the medical maximum out of pocket costs for the respective levels of coverage. The District shall select an HRA administrator and shall pay the monthly administrative costs. The HRA shall not include a rollover from one year to the next year, but shall provide for a 90 day run out for expenses from one year to the next year. Benefits under the HRA shall be prorated during the plan year based on the teacher’s date of hire. The Board shall have the authority to determine all other administrative determinations regarding the HRA.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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