Health Reimbursement Accounts (HRAs) are another solution that employers are utilizing to address the rising costs of healthcare.  HRAs have similar tax advantages to FSA accounts, but employees are allowed to roll-over any unused dollars at the end of the year. At the employer's discretion, the HRA may be offered alongside an FSA, providing considerable pre-tax savings to employees.

PayFlex leads the way in providing innovative HRA administration that completely addresses the employer's needs as well as providing unmatched customer service.

HRA Administrative Services that PayFlex provides are: 

• Designing the Plan Document and Summary Plan Description
• Employee education on how to maximize the HRA benefit plan 
• Online services allowing employees access to their account balances and claim status 
• Provide online access for employers to check non-private health information  
• Provide enrollment materials to employees

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