PriorityHRA: Coverage plus HRA
Lower your costs and help employees with their deductibles
PriorityHRA
SMcombines a
PriorityHMO
SM,
PriorityPPO
SM or
PriorityPOS
SM plan with a health reimbursement arrangement (HRA). You choose the health plan and design the HRA, which reimburses employees for their out-of-pocket health care costs. It's a win-win situation: Your company gets lower health insurance premiums, and your employees get all the benefits of great health care coverage.
PriorityHRA features & advantages
- You'll experience reduced health plan premiums from increased employee cost sharing.
- You choose:
- How much you contribute
- What expenses can be covered (deductible and/or coinsurance)
- When the HRA will kick in
- Our integrated system automatically processes HRA claims, reimburses for eligible expenses and tracks HRA balances.
- No paperwork required for your employees to use their HRA funds
- Payments are sent directly to health care providers.
- Your contributions remain in your general assets, meaning you pay HRA claims as they happen.
- You receive regular reports on HRA plan balances.
- Employees can track their HRA balances and plan activity through their online accounts.
- Customizable plan designs based on our HMO, PPO or POS platforms and HRA designs based on your company's needs.
- You keep all HRA funds if an employee leaves the company.
- The deductible doesn't apply to preventive care like immunizations, mammograms, and routine physicals.
Is an HRA right for you?
PriorityHRA plan administration
