HRA Account definition

HRA Account means the HRA Account described in Section 7.4.

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HRA Account means the record-keeping account established on your behalf once you are eligible to participate.

HRA Account means the account described in this Article.

Examples of HRA Account in a sentence

• District retirees will continue to retain the ability to draw on their HRA Account and claim reimbursement for qualifying medical expenses for themselves and their eligible dependents.

• The HRA Account of any employee who retires from District service will be converted to a retiree HRA account.

• Adjustment of each Participant’s HRA Account for contributions, earnings, losses and administrative costs.

• Asset and account administration fees will be charged to each Participant’s HRA Account on a quarterly basis, based on the balance in the account on the last day of the previous quarter.

• At all times during a Plan Year, a Participant shall be entitled to benefits under this Plan for payment of Health Care Expenses in an amount that does not exceed the balance of his or her HRA Account.

More Definitions of HRA Account

HRA Account means the bookkeeping arrangement established for a Participant to hold his or her Benefit Credits.

HRA Account means the bookkeeping account established pursuant to Section 6.1 to determine the amount of Eligible Expenses for which a Participant is eligible to be reimbursed pursuant to the Plan.

HRA Account means the hypothetical account established for a Participant to hold his or her Benefit Credits.

HRA Account means the notional account maintained by the Administrator for a Participant in the Plan to which shall be credited contributions made pursuant to Section 4.1.‌

HRA Account means the notional account established for a Participant to hold their Allocations. No earnings shall be credited at any time with respect to any HRA Account.

HRA Account means the health reimbursement arrangement account described later in this section under “Establishment of Account.”

HRA Account means the notional, recordkeeping account established for a Covered Person in order to reimburse his Covered Premiums.