HRA meaning in Business ?

tuteeHUB earn credit +10 pts

Answer: What is Health Reimbursement Account mean?

A Health Reimbursement Account, formally a Health Reimbursement Arrangement (HRA), is a type of US employer-funded health benefit plan that reimburses employees for out-of-pocket medical expenses and, in limited cases, to pay for health insurance plan premiums.

An HRA is not truly an account, since it does not place funds under a separate legal title. Instead, it is an agreement under which the employee can submit qualified health expenses to the employer for reimbursement.

Following implementation of the Affordable Care Act, HRAs must be integrated with a qualified employer-sponsored group health insurance plan to avoid excise tax penalties. Using a Health Reimbursement Arrangement yields "tax advantages to offset health care costs" for both employees and employers.

reference
Full Form Category
Hampton Roads Academy Academic & Science
Health Research Alliance Academic & Science
Mansehra Airport Code
Human Rights Association Associations & Organizations
Human Resources Allocation Business
Health Reimbursement Account Business
Human Resources Agency Business
House Rent Allowance Business Organizations
Happy Room Academy Chemistry
Historical Records of Australia Community
Hood Rat Artists Community
Health Registration Authority Computing
Handoff Request Acknowledge Computing
Human Reliability Analysis Electronics
High-Radiation Area General
Human Resources Administration General
High Relative Accuracy General
High Resolution Anoscopy General
High Right Atrium General
Horizontal Rotation Angle General
High Risk Area General
Human Resource Authorization General
Hot Rod Association General
Head Restraint Adjustment General
Holden Roadside Assistance General
Historic Rally Association General
Hyundai Roadside Assistance General
Honda Research America General
Headlamp Range Adjustment General
Heartland Racing Association General
Historic Racecar Association General
Historic Rhone Auto General
Humane Rescue Alliance Governmental
Hay Remuneration Assistant Jobs
Human Rights Act Law
Health Risk Appraisal Medical
Health Reimbursement Arrangements Medical
Health Reimbursement Arrangement Medical
Health Reimbursement Accounts Medical
Health Research Authority Medical
Health Risk Assessments Medical
Hereditary Renal Adysplasia Medical
Health Risk Assessment Medical Tests
Hot Rear Action Military and Defence
Housing and Redevelopment Authority Real Estate
Mansehra, Pakistan Regional
His/Her Royal Highness Society & Culture
Haverhill Running Academy Sports
Home Runs Allowed Sports & Games
Mansehra Airport Transport & Travel

Report

Posted on 30 Apr 2022, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

tuteehub_quiz

Write Your Comments or Explanations to Help Others



webstory list tuteehub
Miscellaneous in Business
webstory list tuteehub
MBA HRM Mcqs in Business
webstory list tuteehub
MBA Finance Mcqs in Business
webstory list tuteehub
Accounting in Business
webstory list tuteehub
Miscellaneous in Business


Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

open app imageOPEN APP