Health Reimbursement Accounts (HRAs)
Learn how this can help those with a High Deductible Health Plan.
Health Reimbursement Accounts (HRAs)
Learn how this can help those with a High Deductible Health Plan.
An HRA can help you meet the deductible and pay for medical care.
A Health Reimbursement Account (HRA) is an account that is provided by your NAF employer and paired with a High Deductible Health Plan (HDHP). The money in the HRA can help you meet the deductible and pay your share of qualified medical expenses. You may use the account to pay for eligible health care expenses, too.
An HRA is available only to:
- Overseas employees enrolled in an HDHP medical plan
- Retirees and dependents of post-65 retirees enrolled in the Aetna Medicare Advantage with Prescription Drug Plan
If you enroll in an HRA, your NAF employer will contribute:
- $500 if you have employee-only coverage
- $1,000 if you have family coverage
This will appear in your account at the beginning of the plan year.
Inspira Financial (formerly PayFlex) is the HRA administrator for the DoD. Visit their website to find online tools and resources to help you learn more and manage your account.
How does the HRA work?
Once funds from your employer are deposited into your account, here’s how you can use them:
- Get reimbursed: Pay for an eligible expense with cash, a check or your credit card. Then submit a claim to pay yourself back.
- Pay directly: Use the online feature on your Inspira Financial account to pay your provider from your HRA.
If you don’t use the entire HRA fund in one calendar year, the remaining amount will roll over into next year’s fund balance as long as you remain in the HDHP. (If for any reason you don’t remain in the HDHP, remaining funds will be forfeited.) This rollover feature of the HRA allows you to build your account to pay for future costs.
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