Health Reimbursement Arrangement (HRA)
Available with Plan C only.
A Health Reimbursement Arrangement allows FNSBSD to set aside funds for you to spend on qualified health care expenses. Money not used in one calendar year can be rolled over as long as you remain in Plan C. FNSBSD will contribute up to $750 to each employee’s account.
Contributions made by FNSBSD will be available in full on January 1 of each year.
You can use these funds for you and your dependents that are enrolled in Plan C. If you leave Plan C, the funds will be forfeited.
How the HRA works with a Flexible Spending Account (FSA):
- You may have both an HRA and enroll in an FSA.
- Expenses are paid from the FSA first, as those funds are use or lose.