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Solution suite

Health Reimbursement Arrangements (HRAs) for Employers

Use an HRA to help offset employees’ healthcare costs while providing tax savings to the organization.

Get what your organization needs with the most flexible plan

Your organization designs the HRA to complement your health plan. Your employees get direct and easy access to funds (from you, the employer) for eligible expenses. 

Determine the contribution amount

An HRA is entirely funded by the employer, and the organization gets tax savings on the amount they contribute.

Choose the eligible expenses

Choose to allow the funds to be used for all qualified medical expenses approved by the IRS or a subset of eligible qualified expenses.

Establish other details

The employer can automate reimbursements and allow year-to-year rollover of unused funds.

Consider health incentives

Engage your employees through an incentive program where financial rewards to the HRA are tied to the employee’s healthy actions.

Optum Financial payment card

Participants use the payment card anywhere they have eligible expenses. They should save receipts in case transactions need validation per IRS guidelines.

Mobile app

Employees get the convenience of on-the-go banking with our mobile app, allowing them to take photos of and submit documentation for their purchases.

Related healthcare insights

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The connection between money and health

The connection between money and health runs deeper than just costs — your employees rely on your benefits strategy for overall wellness.

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An employee benefits strategy that balances cost and care

Health savings pathways, part 2: Optum delivers insight on how employers can develop more balanced employee benefits strategies. Read the full series here.

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Complementary solutions

Flexible Spending Accounts

Help your employees budget and save for qualified expenses during the benefit plan year through pre-tax contributions to FSAs.

Lifestyle Spending Accounts

Attract and retain talent in a competitive market, connect your benefits to your culture and show you care for your employees.

COBRA Administration

Remove complexity, save time and increase compliance with our unique administration capabilities.