Health Reimbursement Arrangement, or HRA, is a type of health spending account that is provided and owned by employers and allow the flexibility of custom designs to complement the medical benefit offerings. Employers have more control in how HRAs work with more plan designs to choose from than other health spending accounts. This benefit is an effective means for allowing employers to make contributions to aid in covering the cost of qualified health expenses, especially for small businesses who cannot afford traditional group insurance plans.

At Comparative Solutions, we want your employees to embrace smart and preventative planning for medical emergencies. These may include knowing how to take advantage of the HRA benefit plan and knowing that they do not pay taxes on funds that come from the HRA benefit. Opting for this arrangement will help your employees cover the rising costs of medical procedures that would typically come out-of-pocket.