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FLORIDA INSTITUTE OF TECHNOLOGY
HEALTH REIMBURSEMENT ACCOUNT PLAN
As Amended and Restated Effective April 1, 2016SGR/9631084.3ARTICLE I.
INTRODUCTION
1.1Establishment of PlanFLORIDA INSTITUTE OF TECHNOLOGY
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What is health reimbursement account plan?
A Health Reimbursement Account (HRA) plan is a type of employer-sponsored healthcare benefit that allows employees to be reimbursed tax-free for qualified medical expenses up to a certain amount.
Who is required to file health reimbursement account plan?
Employers are required to establish and maintain a Health Reimbursement Account (HRA) plan for their employees.
How to fill out health reimbursement account plan?
To fill out a Health Reimbursement Account (HRA) plan, employees need to submit claims for eligible medical expenses along with required documentation to their employer or plan administrator.
What is the purpose of health reimbursement account plan?
The purpose of a Health Reimbursement Account (HRA) plan is to help employees cover out-of-pocket medical expenses not covered by their health insurance.
What information must be reported on health reimbursement account plan?
Information reported on a Health Reimbursement Account (HRA) plan may include employee contributions, employer contributions, reimbursements made, and qualifying medical expenses.
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