HEALTH REIMBURSEMENT ARRANGEMENT
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A Health Reimbursement Arrangement (HRA) is an account authorized
under Section 105(h) which helps employers contain spiraling health
care costs associated with rising premiums by offering a higher
deductible plan. HRAs are different from an FSA where funds must
be used by the end of the plan year. HRAs allow employees to rollover
unused balances at the end of the plan year. By employers opting
for higher deductible plans, they are able to fund the HRA for employees
with the cost savings realized with lower premiums. And when you
outsource your HRA Administration, FSA Administration and COBRA
Administration to EBS/Atlanta, you
gain total, seamless administration.
The EBS/Atlanta Difference
Enrollment
You have the option of offering your employees traditional enrollment
or online enrollment.
Online Forms
Employees can access interactive claim forms, direct deposit request
forms, and even mailing labels whenever they need them — 24
hours a day, 7 days a week, 365 days a year.
Faxed Claims
Claims can be faxed or mailed. Claims are processed the same day
they are received with reimbursements made at the frequency you
decide.
FlexIt! Debit Card
With EBS/Atlanta's FlexIt!
Debit Card, employees and their dependents can enjoy the convenience
of point-of-service payment of qualified expenses. EBS/Atlanta's
FlexIt! Card is accepted wherever MasterCard
is accepted.
More information »
Online Account Access
Employees can access their HRA accounts online 24/7/365 via secured
Internet applications using 128-bit encryption and personal passwords.
Direct Deposit
Employees can elect to have their reimbursements deposited directly
into their bank accounts, have their reimbursements mailed directly
to their home or mailed directly to their provider.
Online Feedback and Support
Employees can e-mail general and specific questions to client service
teams and receive an immediate reply.
Toll-Free Support
Employees can speak directly to a client service team member
from 8:30 a.m. to 5:00 p.m. ET.
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