What's The Difference Between HRA And HSA Heath Care Plans?

Key points: Health Reimbursement Arrangements (HRA) are offered by some employers to reimburse workers for eligible medical expenses. Health Savings Accounts (HSA) are owned by you and funded with pre-tax contributions. These accounts can be used to pay for premiums, deductibles and qualif.
Key points: From high copayments every time you see the doctor to expensive over-the-counter drugs, health care costs can leave a major dent in your budget. One valuable way to save is to take advantage of tax-advantaged options, including two that sound pretty similar: Health Reimbursement Arrangement (HRA) and Health Savings Account (HSA). But HSAs […]

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