Health Reimbursement Account definition

Health Reimbursement Account means an employer-sponsored individual account established within the irrevocable trust and administered by the trustees into which a member and his or her employer contribute money to be used for the reimbursement of medical expenses.

Health Reimbursement Account. A Health Reimbursement Account (“HRA”) shall be made available for any employee enrolling in the HDHP who is precluded from participating in a Health Savings Account (“HSA”) because the employee receives Medicare and/or veterans’ medical benefits. The annual maximum reimbursement by the Board for employees participating in the HRA shall not exceed the dollar amount of the Board’s annual HSA contribution for employees enrolled in the HSA.

Health Reimbursement Account. A Health Reimbursement Account (“HRA”) shall be made available for any teacher enrolling in the HDHP who is precluded from participating in a Health Savings Account (“HSA”) because the teacher receives Medicare and/or veterans’ medical benefits. The annual maximum reimbursement by the Board for teachers participating in the HRA shall not exceed the dollar amount of the Board’s annual HSA contribution for teachers enrolled in the HSA.

Examples of Health Reimbursement Account in a sentence

• Each bargaining unit will conduct a vote to determine whether to participate in a Health Reimbursement Account (HRA) Voluntary Employee Benefits Association (VEBA) to provide post-retirement medical expense benefits to members who retire from City service.

• The parties agree to investigate the feasibility of adding by mutual agreement a High Deductible Health Plan (HDHP) with or without Health Savings Account (HSA) or Health Reimbursement Account (HRA) as an option to current health plans.

• The district will provide a Health Reimbursement Account for all eligible and participating employees that will be available to fund expenses relating to deductibles or co-pays under the plan.

• Employees joining the City mid-year, eligible for health insurance coverage, will be placed in a similar High Deductible Consumer Driven Health Plan, but may be enrolled in a Health Reimbursement Account (HRA) or Health Savings Account (HSA) at the discretion of the City.

• Employee may participate in the Health Reimbursement Account program offered under the District’s collective bargaining agreement with CCASAPE.

More Definitions of Health Reimbursement Account

Health Reimbursement Account. 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. Premium Contributions: Eligible employees shall contribute the following premium contributions for the cost of HSA Plan:

Health Reimbursement Account has the meaning set forth in Section 6.01.

Health Reimbursement Account means the notional bookkeeping account to which HRA Dollars (defined in Section 1.11) are allocated to each Participant to be used to reimburse Eligible Medical Expenses. The Health Reimbursement Account is maintained by the Plan Administrator for accounting purposes, and is not representative of any identifiable trust assets. No interest will be credited to or paid on amounts credited to the Participant account(s).

Health Reimbursement Account. (HRA) Program” or “Program” means the State’s program found in subsection 110.12303(2)(a), F.S., that provides an account for deposit of “Reward Payments” to participants utilizing the Shared Savings Program.

Health Reimbursement Account. A Health Reimbursement Account (“HRA”) shall be made available for any teacher who is precluded from participating in a Health Savings Account

Health Reimbursement Account means the bookkeeping account established for a Participant who elects to have any portion of his or her P-Plan benefit amount paid as a medical benefit in accordance with the provisions of Article 6 and the Health Reimbursement Ac- count Plan.

Health Reimbursement Account means the notional bookkeeping account (except as otherwise set forth herein or in the SPD) to which HRA Dollars (as defined in 1.14 herein) are allocated to each Participant to be used for reimbursement of Eligible Medical Expenses. No money shall actually be allocated to any individual Participant Account(s); any such Account(s) shall be of a memorandum nature, maintained by the Plan Administrator for accounting purposes, and shall not be representative of any identifiable trust assets. No interest will be credited to or paid on amounts credited to the Participant Account(s).