Health Reimbursement Account HRA Program

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• Health Reimbursement Account (HRA) Program

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What is a HRA?

• A Health Reimbursement Account (HRA) is an
  account funded by Troy University health
  insurance premiums that will reimburse you for
  eligible medical expenses not otherwise insured.
  
• You are eligible to receive benefits in your
  second plan year of Troy University health
  insurance.
  
• It covers you and your dependents, such as your
  spouse or child.

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How Does It Work?

• Its easy!
• To earn HRA funds, a beginning balance of 1,500
  for family coverage or 750 for single coverage
  is reduced by your claims paid during your first
  year on the health plan.
• New employees or employees enrolling in the Troy
  University health plan after January 1st of each
  year will have their HRA contribution prorated
  based on the number of months remaining in that
  year.
• 75 of any amount not used during the plan year
  will be carried forward into your HRA for use
  during the next year.

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How Does It Work?

• At the beginning of the next year, you will get a
  statement showing your new balance for the plan
  year.
  
• Each year that you are enrolled in the health
  insurance plan, you will have the opportunity to
  accrue monies to add to your HRA for the next
  year.

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How Does It Work?

• Once an eligible expense is incurred, you will
  file the claim with Flexible Corporate Plans by
  downloading a claim form from our website at
  www.flexcorp.com and submitting the claim form
  along with a copy of the receipt. You will find
  this form under the download forms menu on the
  left hand side and then selecting the form
  labeled HRA Reimbursement Form.

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What expenses are eligible? What are ineligible?

• Examples of Eligible Expenses
• OTC medications
• Orthodontia major dental expenses above plan
  limits
  
• Lasik surgery
• Vision care
• Other expenses allowed under IRS Code Sec. 213(d)

• Examples of Ineligible Expenses
• Insurance deductibles
• Co-payments
• Coinsurance amounts required by the plan

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Plan Highlights

• Employees are eligible in their second plan year
  of the Troy University health insurance plan.
  
• Plan year begins on January 1st and ends on
  December 31st.
  
• 75 of your HRA account balance will roll over
  into the next year as long as you maintain
  coverage in the Troy University Health Insurance
  Plan.
• The maximum balance that may be accumulated is
  1,500 for single plans and 3,000 for family
  plans.

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Who to Contact

• To download claim forms go to www.flexcorp.com
  and select HRA Reimbursement form.
  
• To contact Flexible Corporate Plans call toll
  free 1-888-505-4557.