ComplianceMnthlyRecap MH 5.16.22

HRAs, HSAs, and Health FSAs – What's the Difference?

Posted by: Danielle Capilla    Feb 19, 2016 3:55:25 PM

HSA Funding LevelsHealth reimbursement arrangements (HRAs), health savings accounts (HSAs) and health care flexible spending accounts (HFSAs) are generally referred to as account-based plans. That is because each participant has their own account, at least for bookkeeping purposes. Under the tax rules, amounts may be contributed to these accounts (with certain restrictions) and used for health care on a tax-favored basis.

Read More

Topics: health plan benchmarking, PPACA Affordable Care Act, health savings account, health reimbursement arrangements, HRA, HSA, UBA 2014 Health Plan Survey, health care flexible spending account, health plan cost trends, HFSA