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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Salusion

Salusion

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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.

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4 Specific Questions Specific Questions

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Product Features

✓

HRA Platform

 ✓

Data document management
✓

Insurance eligibility verification 

 ✓

Unused HRA Portability
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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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TASC

TASC

3.2 (6)
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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

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Product Features

✓

HRA Platform

 ✓

Data document management
✓

Insurance eligibility verification 

 ✓

Unused HRA Portability
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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
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Advanced Benefit Strategies

Advanced Benefit Strategies

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Product Info

Min. Group Size

1 eligible

Lives Serviced

21,000

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

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4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

 ✓

Data document management
✓

Insurance eligibility verification 

 ✓

Unused HRA Portability
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Not Provided.

Product Description

HRA/UMR is a consumer directed, tax-free health care reimbursement arrangement established and funded by the employer. The employee uses the funds, tax-free, to pay for qualified out-of-pocket medical expenses that the employer deems... Show More
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EMPOWER

EMPOWER

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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... Show More
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BBP Admin

BBP Admin

4.6 (6)
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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.

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4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

 ✓

Data document management
✓

Unused HRA Portability
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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
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Benefit Allocation Systems, LLC

Benefit Allocation Systems, LLC

Reviews pending
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Min. Group Size

20 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

41 RFI Questions Get access to vendor answered question RFIs.

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4 Specific Questions Specific Questions

Lock

Product Features

✓

HRA Platform

 ✓

Data document management
✓

Insurance eligibility verification 

 ✓

Unused HRA Portability
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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
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FloresHR

FloresHR

2.8 (14)
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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
HealthEquity, Inc.

HealthEquity, Inc.

3.4 (14)
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Product Info

Min. Group Size

1 eligible

Lives Serviced

3,982,366

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
Show All Features

Not Provided.

Product Description

Our HRA is a flexible program that can meet the specific needs of clients. We can work with any health plan or configure our system to accommodate an employer's plan design. We manage... Show More
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HSA Bank, a division of Webster Bank, N.A.

HSA Bank, a division of Webster Bank, N.A.

3.4 (4)
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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
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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.
... Show More
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Optum Financial

Optum Financial

Reviews pending
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Company Overview

Founded

2004

Employees

83,270

Funding Summary

Not Provided

Clients Your Size Clients Your Size

Clients size is Locked

About Optum Financial

Optum Financial is at the crucial connection between health care, finance, and technology.​ We’re a highly-connected, health care payments ecosystem designed to reduce friction and increase affordability.​ Our vision is to transform how health care is financed and paid for.​


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Forma

Forma

5.0 (3)
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Product Info

Min. Group Size

250 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
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Not Provided.

Product Description

HRAs provide employers with a tax-advantaged and custom approach to healthcare benefits. They give employees the flexibility to choose coverage with the dignity to use benefits with discretion.

Provide holistic... Show More
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Benepass

Benepass

4.8 (1)
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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
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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... Show More
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Incomm Benefits

Incomm Benefits

5.0 (1)
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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
Show All Features

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... Show More
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MyChoice Accounts by Businessolver

MyChoice Accounts by Businessolver

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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
Show All Features

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
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Fidelity Investments

Fidelity Investments

3.4 (2)
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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
Show All Features

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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Helix Benefit Solutions

Helix Benefit Solutions

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Product Info

Min. Group Size

-

Lives Serviced

5,500

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
Show All Features

Not Provided.

Product Description

Pre-tax dollars used to cover eligible expenses. Helix provides a debit card to help auto-substantiate funds usage, or claims can be processed manually in under 2 minutes, greater than 90% of the time... Show More
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Venteur

Venteur

5.0 (1)
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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
Show All Features

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
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Ameriflex

Ameriflex

5.0 (2)
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Product Info

Min. Group Size

-

Lives Serviced

66,138

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 
Show All Features

Not Provided.

Product Description

A health reimbursement arrangement (HRA) allows employers to reimburse employees tax-free for qualified medical expenses not covered by their health plan. An HRA is funded solely by the employer. Employees use HRA funds... Show More
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Difference Card

Difference Card

4.8 (3)
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Product Info

Min. Group Size

10 eligible

Lives Serviced

300,000

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
Show All Features

Not Provided.

Product Description

The Difference Card's HRA combines flexible reimbursement design with a modern member experience. Employers benefit from integrated enrollment administration, real-time reporting, compliance support, and a dedicated Account Executive.

Participants... Show More
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Garner Health

Garner Health

5.0 (5)
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Product Info

Min. Group Size

50 eligible

Lives Serviced

500,000

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 
Show All Features

Not Provided.

Product Description

The data is clear: the single most important factor in determining health outcomes and cost outcomes is which doctor the patient sees. And the data shows a huge variation in the performance of... 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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