Understanding Your Medcom Health Reimbursement Plan – How To Guide

Health Reimbursement Arrangements (HRA) are 100% funded by the employer and provide employees with tax-free reimbursements for qualified medical expenses.

Keep these things in mind:

  • Those expenses, which are defined by the employer, can be very broad to include all medical services or all expenses covered under Section 213(d) of the Internal Revenue Code, or can be very specific to only cover in-network deductible related expenses. Please speak with your employer or refer to your Summary Plan Description (SPD) to see what services or expenses are covered under your HRA plan.
  • There are many plan designs that are compatible with a debit card, but the debit card feature may not always be feasible depending on the complexity of the HRA plan. Please speak with your employer to see if your HRA plan has a debit card. If your plan has a debit card, please speak with your employer to see what services and expenses are compatible with your debit card.