Health Reimbursement Accounts
Healthcare reform and its tax implications
Key tax changes affecting individuals as a result of healthcare reform:
Limits on reimbursement of over-the-counter medications from HRAs, HSAs, FSAs and MSAs. Over-the-counter drugs not prescribed by a doctor are excluded from being reimbursed through a health reimbursement account (HRA) or health flexible savings accounts (FSAs) and from being reimbursed on a tax-free basis through […]
Understanding Health Reimbursement Accounts and Health Reimbursement Arrangements (HRA)
In the world of consumer directed healthcare, first there was the MSA, then the HRA and finally the HSA (Health Savings Accounts). Today the HSA is king of the mountain, but for savvy employers across the country, the HRA is a tool that helps them manage their health care costs.
The Health Reimbursement Account (HRA) has […]
