A key way that an HRA differs from an HSA—or a flexible spending account, commonly known as an FSA—is that you do not own an HRA. Instead, your company owns the plan and funds the HRA plan.

Medical bills can be ridiculously expensive. Anyone who's ever broken an arm, had a baby, spent time in the emergency room, or stayed a few nights in the hospital knows this very well. But how ...

HRA and HSA are health care payment plans that help you save in different ways. Key points: Health Reimbursement Arrangements (HRA) are offered by some employers to reimburse workers for eligible ...

If an HSA or HRA is available to you, here’s an explanation of what they are, ... However, you must be covered by a ...

HRAs are plans or arrangements between you and your employer that allow your company to reimburse you for qualified medical expenses that you’ve already paid for on your own. HSA vs HRA: Key ...

Continue reading → The post HSA vs. HRA: What’s the Difference and Which One Should You Get? appeared first on SmartAsset Blog. As Americans pay more for medical costs, many seek new ways to ...

Similar to having an FSA and HSA, this is only possible in a few specific instances, like if you have a high-deductible plan that doesn’t cover dental work, so you decide to use an HRA for teeth ...

An HSA requires coverage under a high deductible health plan — FSAs and HRAs do not. Unlike an FSA or HRA, an HSA is an individual custodial account that is owned by the individual rather than ...

Question. I am in my late 20s, single and starting a new job. For employee benefit options, I have five medical plan options: - four with a health savings account (HSA) and ...

Understanding health care plan options—the FSA, HRA and HSA. ... It’s that time of the year where many of us are debating our benefit options, and health care plans are more confusing than ever.

Despite the amount of uncertainty small businesses have about health-care reform, many owners are leaning toward health savings accounts to help reduce provider costs. Since becoming law in 2010 ...