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Anthem Blue Cross and Blue Shield (Anthem)
Health Reimbursement Arrangement (HRA) Plan
Summary Plan Description (SPD)
FORTRAN OPTIONS: GOLD, SILVER and BRONZE
Administered Effective Date: January
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To fill out a Whats an HRA, follow these steps:
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Begin by filling in your personal details such as your name, address, contact information, and social security number in the designated sections.
05
Move on to provide information about your employer, including their name, address, and contact details.
06
Fill in details about your healthcare coverage, including the type of plan you have, its effective dates, and any dependents covered.
07
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Who needs whats an hra and?
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Anyone who is eligible for and wants to participate in a Health Reimbursement Arrangement (HRA) program needs to fill out Whats an HRA form.
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Usually, individuals who are employed and have a healthcare plan through their employer may be required or given the option to participate in an HRA.
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Additionally, self-employed individuals who have set up an HRA for themselves and their employees will also need to fill out this form.
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It is important to consult with your employer, tax advisor, or healthcare provider to determine if you meet the criteria and to understand the specific benefits and obligations associated with an HRA.
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What is an HRA?
An HRA, or Health Reimbursement Arrangement, is an employer-funded plan that reimburses employees for qualified medical expenses.
Who is required to file an HRA?
Employers who offer an HRA to their employees are required to file the necessary documentation with the IRS.
How to fill out an HRA?
To fill out an HRA, employers need to provide details in the chosen plan's format, typically including employee information, reimbursements claimed, and other necessary details.
What is the purpose of an HRA?
The purpose of an HRA is to provide employees with a way to receive reimbursements for out-of-pocket medical expenses and promote health care spending.
What information must be reported on an HRA?
Information such as the amount of reimbursements, employee details, and any applicable plan terms must be reported on an HRA.
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