Health Reimbursement Account (HRA)
Tague Lumber will continue to have the HDHP Plan with HRA. An HRA is an employer-funded benefit plan that allows you to get reimbursed for in-network deductible expenses.
Important Information
What does Tague's HRA Cover?
Your HRA only covers expenses for you and your dependents that are applied to your medical deductible, coinsurance and copays. The high deductible plan has a $5,000 individual/$10,000 family deductible. The HRA will pay the first $4,000 (single) or $8,000 (family). You as the employees will need to pay the remaining $1,000 (single) or $2,000 (family).
HOW IT WORKS
Present your Meritain Card
Complete your visit with provider.
Provider will submit claim for processing visit
Meritain will adjust the claim and apply HRA funds if they are available
You will receive an EOB and and invoice from your provider
