What is the Medicare Exchange Health Reimbursement Arrangement (HRA)?
The Medicare Exchange HRA is a pass-through account for eligible Medicare retirees enrolled in a supplemental medical plan through Via Benefits. Contributions to the Medicare Exchange HRA are determined by three criteria: the date of hire, the date of retirement, and the qualifying years of service (5-20 years). HRA funds may be used to reimburse retirees for qualified medical expenses, health plan premiums, and Medicare Part B premiums.
Categories: Health Reimbursement Arrangement (HRA), Medicare, Retirees