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Starmark HRA

A More Flexible Benefit Program

The Starmark HRA gives you the flexibility you need to design your employee benefit program and control your cash flow. Fund setup can be customized to reimburse deductible only, coinsurance only or both, to meet your company’s business goals.

What is an HRA?

A health reimbursement arrangement*, or HRA, is setup and funded by you to help your employees pay for eligible medical expenses, meet their deductible and get them more engaged in their healthcare decisions. An HRA can be paired with any health insurance plan, and you can achieve lower premiums when you combine it with a higher-deductible health plan. The HRA pays for expenses as they are incurred, depending on the type of HRA you select.

HRA Advantages

Seamless integration of claims and HRA administration means no claims to file.
Premium savings when paired with a higher-deductible health plan.
Expenses paid from HRAs are 100 percent tax deductible.
HRAs funded only as claims are incurred to lessen cash-flow constraints.
Easy fund management for employees with HRA payments sent directly to provider and access to HRA activity online through Healthy Foundations.
Online employee decision support tools enable informed healthcare decisions and cost control.