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What is the Medicare Exchange Health Reimbursement Arrangement (HRA)?
The Medicare Exchange HRA is a pass-through account for eligible Medicare retirees enrolled in a supplemental medical plan through the Medicare Exchange. Contributions to the Medicare Exchange HRA are determined by three criteria: the date of hire, the date of retirement, and the qualifying years of service (5-20 years). HRA funds may be used to reimburse retirees for qualified medical expenses, health plan premiums, and Medicare Part B premiums.
Categories:
Health Reimbusement Arrangement (HRA),
Medicare,
Retirees
