HRAs offer employers flexible plan designs or health care benefit plans.

A Health Reimbursement Arrangement (HRA) is an IRS approved tax-favored benefit, exclusively funded by the employer, which reimburses employees for qualified medical care expenses not reimbursed under other plans. FBMC’s PremierHRA offers employers the greatest flexibility in plan design regardless if coordinated with a medical plan, stand alone or limited in scope. All parameters are defined in the plan document. Participants can be reimbursed for qualified expenses via direct deposit, payment card or check.

• Experienced Account Management
• Enrollment and Fulfillment
• Award-winning Benefit Enrollment Materials
• Deduction Management
• Excellent Customer Service
• Medical and Dependent Care Claim Adjudication
• Flexible Plan Design Options
• Implementation Strategy Recommendations
• IRS-compliant Administration
• FICA savings to Employer and Employee