HRA Administrators

HRA administrators are employer-funded plans whereby an employer sets aside a specific amount of pre-tax money to reimburse employees for qualified out-of-pocket medical costs.
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Product Info

Min. Group Size

-

Lives Serviced

2,500

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

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Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

Thatch is an all-in-one platform that makes it easy and affordable to give your team great health benefits.
Instead of taking an expensive, one size fits all approach to your teams' health...
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Product Info

Min. Group Size

-

Lives Serviced

5,000

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

Salusion is a cloud‑based benefits administration platform that helps small‑ and medium‑sized businesses design, implement, and manage tax‑advantaged health reimbursement arrangements (HRAs), including Individual Coverage HRAs (ICHRAs) and Qualified Small Employer HRAs (QSEHRAs),... Show More
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Product Info

Min. Group Size

1 eligible

Lives Serviced

30,000

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

Advanced Benefit Strategies (ABS) offers fully customizable Health Reimbursement Arrangements (HRAs) that help employers complement their group health plans while providing employees with premium relief and reimbursement for eligible healthcare expenses. Plan designs... Show More
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Product Info
Company Overview

Founded

1996

Employees

0

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About EMPOWER

Human Touch Service for Your Group!

In 2023, EMPOWER celebrated its 25th anniversary administering FSAs, HRAs, HSAs, Cobra, and Commuter and Lifestyle Benefits accounts for employers in the Midwest and throughout the nation. EMPOWER combines the advanced technology of the Nation’s largest administrators with the Human Touch of exceptional service.

With EMPOWER, you’ll contact your Personal Account Manager with any issues, not an anonymous email ticket system. This means you and your HR team will get the answers you need in minutes, not days.

In annual surveys, EMPOWER consistently...
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Product Info
Company Overview

Founded

1989

Employees

397

Funding Summary

None

Clients Your Size Clients Your Size

Clients size is Locked

About BASIC

BASIC is a nationally recognized third-party administrator with more than 35 years of experience delivering employee benefits and HR compliance solutions. Founded in Michigan and expanded nationwide through organic growth and strategic acquisitions, BASIC was among the first administrators of Flexible Spending Accounts in the U.S.

Today, BASIC supports employers of all sizes across industries, providing administration for FSAs, HSAs, HRAs, COBRA, ACA reporting, ERISA services, absence management, FMLA, and lifestyle benefits. With a strong compliance foundation and a modern technology platform, BASIC helps HR teams manage complexity, reduce risk, and deliver a better employee experience.
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Product Info

Min. Group Size

1 eligible

Lives Serviced

256,000

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

TASC’s Health Reimbursement Arrangement (HRA) Administration provides tailored solutions for offering tax-advantaged funds to employees, covering anything from traditional HRAs to newer QSEHRAs and ICHRAs. Once designed, TASC handles all documentation, claims processing,... Show More
Company Overview
Product Info

Min. Group Size

-

Lives Serviced

85,000

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Unused HRA Portability

Not Provided.

Product Description

Our HRAs are fully customizable to fit the employer needs. Even the debit cards can be coded to pay percentages leaving the member to pay an out of pocket portion. Any HRA within... Show More
Company Overview
Product Info

Min. Group Size

20 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

Our HRA Administration Service delivers a fully governed, end‑to‑end framework for managing Health Reimbursement Arrangements with accuracy, transparency, and seamless integration across HR, payroll, and benefits ecosystems. We administer all HRA plan types—including... Show More
Company Overview
Product Info
Company Overview

Founded

1986

Employees

300

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About FloresHR

For almost 40 years, FloresHR has delivered Benefit, Leave and Compliance solutions that make life easier for HR teams and their employees through industry-leading technology, people and processes. Our solutions are highly-rated by employees, preferred by employers and recommended by brokers across the nation. We offer a comprehensive suite of reimbursement and savings accounts; leave administration expertise; and complete compliance support. We make life easier with proven service and support. And our industry-leading technology, people and processes enable us to deliver a better benefits experience for everyone. Show More
Product Info

Min. Group Size

1 eligible

Lives Serviced

2,460,485

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

Employers are offered a variety of plan options that allow them to tailor the service to meet their needs. Plan options include:
- Flexible payment options, including debit card or direct reimbursement...
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Product Info

Min. Group Size

1 eligible

Lives Serviced

61,875

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

• HSA Bank offers HRAs covering a wide range of employee circumstances.
• We offer options for how to structure HRAs, like funding amounts and eligible expenses based on company culture.
...
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Product Info

Min. Group Size

-

Lives Serviced

1,255,624

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

Optum Financial helps employers deliver HRAs that are easier to manage, more intuitive to use and better aligned to how people engage with their health. With a unified platform, flexible spending tools and... Show More
Company Overview
Product Info

Min. Group Size

250 eligible

Lives Serviced

60,000

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Unused HRA Portability

Not Provided.

Product Description

Forma's HRA gives employers a compliant, notionally-funded way to reimburse employees for specific categories of medical care — weight management, medical travel, fertility, gender-affirming care, mental health for holistic support. Forma designs the... Show More
Company Overview
Product Info

Min. Group Size

300 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Unused HRA Portability

Not Provided.

Product Description

Why Benepass HRA
Support your company’s DEI values. The Benepass HRA allows you to cover a wider range of healthcare needs, so you can live out your company’s diversity, equity, and inclusion...
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Company Overview
Product Info

Min. Group Size

1 eligible

Lives Serviced

21,634

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Unused HRA Portability

Not Provided.

Product Description

SUMMARY OF ADMINISTRATIVE SERVICES
• The Most Customizable HRA on the Market: Our HRA software enables us to create multiple plan design options and customize your HRA to fit almost any need. Show More
Company Overview
Product Info

Min. Group Size

10 eligible

Lives Serviced

3,500

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

Health Reimbursement Arrangements (HRAs) offer flexibility that few other benefits can match. InComm’s HRA solution puts employers in control, allowing them to tailor the program to fit their workforce.

You...
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Company Overview
Product Info

Min. Group Size

1,000 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Unused HRA Portability

Not Provided.

Product Description

With the many allowable configurations for Health Reimbursement Arrangements (HRAs), you need a platform that can support your complexity, strategy, and reporting needs. Businessolver’s MyChoice® Accounts is that platform. Our flexible system was... Show More
Company Overview
Product Info

Min. Group Size

-

Lives Serviced

-

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

Not Provided.

Product Description

Clarity’s Health Reimbursement Arrangement (HRA) administration helps employers offer tax-free funds for medical expenses with flexible plan design, easy reimbursements, and expert compliance management.

Highlights:
Customizable plan options
...
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Company Overview
Product Info

Min. Group Size

1 eligible

Lives Serviced

15,000

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

Not Provided.

Product Description

If an employee choses a plan less expensive than their Monthly ICHRA Allowance, the balance goes a Health Wallet (“HRA Account”), if this option is elected by the employer. The Health Wallet is... Show More
Company Overview
Product Info

Min. Group Size

-

Lives Serviced

-

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

✓

Data document management

Not Provided.

Product Description

Our system offers robust, flexible, and configurable HRA plan design, including the customization of eligible expense lists, primary deductible levels required, coinsurance/copayment components, full or partial balance rollover, and inclusion of prescription drugs.... Show More
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Frequently Asked Questions

What's HRA?

HRA, short for Health Reimbursement Arrangement, is a type of health benefit plan funded by the employer. It reimburses employees for medical expenses not covered by their insurance up to a predetermined annual limit.

What's an HRA Account?

A HRA account is a financial account set up by the employer to hold the funds designated for reimbursing employees' eligible medical expenses. Employees typically do not contribute to a HRA account as it's funded solely by their employer.

What's an HRA Plan?

A HRA plan is an employer-sponsored health benefit program. It sets the framework and regulations specifying how HRA operates, including the types of medical expenses covered, the amount of reimbursement available to employees, eligibility criteria, and any restrictions or limitations on using HRA funds.

What's HRA Insurance?

HRA insurance is often used synonymously with Health Reimbursement Arrangements. In some cases, it also refers to health insurance plans paired with an HRA. This type of health plan usually has higher deductibles and lower premiums, and the HRA is used to help offset the out-of-pocket costs for employees.

How Does an HRA Work?

As an employer-funded health benefit plan, the employer makes contributions to the account and decides the framework, including contribution amount, list of covered medical expenses, and limitations. Employees can use these funds for eligible medical expenses up to a specified annual limit. Any remaining funds can be carried forward to subsequent years.

What Does HRA Stand for?

HRA is an abbreviation for Health Reimbursement Arrangement. Terms like HRA Account, Health Reimbursement Plan, or Health Reimbursement Insurance are often used synonymously.

What's the Difference between HRA and HAS?

Although both HSAs and HRAs assist with health insurance and healthcare expenses, they have a different structure. HSAs, or Health Savings Accounts, are owned by the individual and permit withdrawals for non-medical expenses, whereas HRAs are employer-owned and don't.

Can I Withdraw Money from my HRA Account?

Employees cannot cash out their HRA. Instead, they can pay their healthcare expenses out of pocket and get reimbursed later from their HRA.

What Happens to Unused HRA Funds?

Unused HRA funds at the end of the year can typically be carried over to the following year, although employers may impose a maximum rollover limit. Additionally, if an employee leaves the company, the HRA does not transfer with them to their new employer.

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