Health reimbursement arrangement—
a two-fold approach to health coverage.

A Health Reimbursement Arrangement (HRA) is an employer-funded account that covers eligible medical expenses such as insurance deductibles, coinsurance, co-payments and prescription drugs. It works in conjunction with a High Deductible Health Plan (HDHP). The employer funds the account, and the HDHP works as a low-cost safety net to cover major health expenses.

A Discovery Benefits HRA:

• Lowers your health insurance premiums
• Puts you in control of how you spend your health care dollars
• Is funded by your employer

An HRA can save 40% or more on health care. It’s like an expense account, where the money is tax-free. And if you incur an eligible medical expense, you’re reimbursed – tax-free. The funds are usually carried over each year and are available as long as you’re a participant in the HRA.

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