Page 10 - Leona Arizona Employment Group Flipbook
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Health Reimbursement Account




        A Health Reimbursement Arrangement (HRA) is an account the company funds that you can use to pay for qualified health
        care expenses. When you enroll in Aetna’s CHDP/HRA Plan, Leona funds the HRA with $500 for individual coverage and $1,000
        for family coverage. You are not able to make contributions to the HRA. (HRA funding is prorated for new hires.)


                        It helps you pay for medical expenses

                        This includes out-of-pocket expenses to meet your deductible, copays and coinsurance. Your eligible health
                        care expenses are automatically deducted from your HRA and paid to your health care provider. Preventive
                        Care services are covered at 100% by the plan when in-network providers are used. There is no out-of-pocket
                        cost to you, nor is there a deduction from your Health Reimbursement Account. Prescription drug copays are
                        eligible for reimbursement from the HRA.
                        Once your HRA funds are exhausted and your member deductible has been met, Aetna begins to pay a
                        portion of the costs (i.e. the plan pays 80% and you pay 20% in-network). If you reach the annual out-of-pocket
                        maximum, Aetna will cover the remaining eligible medical expenses at 100% for the rest of the plan year.
                        You are responsible for the remaining portion of the deductible once your HRA benefit dollars have been
                        exhausted. You will receive an Explanation of Benefits from Aetna so you know how much you owe for health
                        care expenses.




                       Unused funds roll over                               You can use HRAs with an FSA

                       If you have HRA credits left over at the             If you have an HRA, you can also
                       end of the year, and you’re still enrolled           contribute to a Health Care Flexible
                       in the CHDP/HRA Plan the following                   Spending Account (FSA), to give yourself
                       year, any remaining balance will                     even more pretax dollars to pay for
                       automatically roll over to next year.                out-of-pocket medical, dental and vision
                                                                            expenses. Remember that unused FSA
                       If you leave the company or change                   funds are forfeited from one program
                       plans, however, you will forfeit any
                                                                            year to the next, due to IRS rules.
                       remaining balance.





























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