The Health Reimbursement Account (HRA) gives you direct access to your health care dollars and the benefit of reimbursing you for some of your out-of-pocket costs.
Beginning January 1, 2023, the PreMedicare HRA will be auto funded. PreMedicare Retirees, Spouses, Surviving Spouses, and LTD Terminees are no longer required to complete the annual health assessment. There is no HRA available to those enrolled in the HDHP Option. Health Assessment funds are paid out in the following amounts:
Retiree Only = $250
Retiree + Spouse or Child(ren)= $500
Retiree + Spouse and Children(ren), up to a family Max = $750
This pertains to important information regarding your HRA deadlines for 2022 Claims
The U.S. Department of Labor (DOL) and Internal Revenue Service’s (IRS) extended timely filing for Healthcare Reimbursement Accounts (HRA) until 60 days past the declared end of President Biden’s COVID-19 National Emergency Period (NE) of May 11, 223, plus an additional 90 days of runout, for a total of 150 days to submit 2022 claims. Due to this amendment, you now have until October 8, 2023, to submit 2022 claims.
United Healthcare PreMedicare Retirees
Blue Cross Blue Shield PreMedicare Retirees