Health Reimbursement Account (HRA)
If you elect to waive your health insurance coverage and elect, and are eligible to receive HRA funds, you will receive an employer contribution amount of $175 per month, for a maximum contribution of $2100, which will be deposited into a Health Reimbursement Account (HRA). An HRA is a federally qualified expense account that consists of funds set aside by employers to reimburse employees for qualified medical expenses such as doctor’s office visits, x-rays, and prescriptions. An HRA is an expense reimbursement account and not an insurance plan with co-pays, deductibles, etc. Refer to the Benefit Selection Guide or visit the KEHP website at www.kehp.ky.gov for specific information.
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