Month: March 2017

The Benefits of Health Reimbursement Arrangements (HRAs)

Health Reimbursement Arrangements or HRA’s allow employers to fund accounts for employees to assist in paying for medical expenses not covered by insurance. In contrast to HSA and FSA accounts, only employers may contribute to…

How Health Care Debit Cards Work

You’ve opened a FSA, HSA or HRA account with your employer and have been issued a debit card to use for eligible health care expenses, but how exactly does this card work and when can…

What is a Flexible Spending Account (FSA)?

Flexible Spending Accounts (FSAs) are pre-tax health accounts where a predetermined amount of money is deposited directly into the account by the employee. An employer can also choose to contribute to the FSA account, but…

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