Health Reimbursement Account (HRA)
For those enrolling in the High Deductible PPO Health Plan, the College contributes money into a Health Reimbursement Account (HRA) to help offset the costs of the higher deductibles of this plan, as well as help cover the costs of copays and coinsurance.
|Administrator||The Benecon Group, CDH Services
|Plan Year||July 1, 2019 – June 30, 2020|
For employees who are newly enrolling into the High Deductible PPO Health Plan effective July 1, the College will contribute the following:
|Coverage Tier||Annual Contribution|
|Employee + One||$840|
|Employee + Family||$1260|
For employees who are remaining in the High Deductible PPO Health Plan effective July 1, the College will contribute half the amount since you already received the full amount on January 1. This will cover the 6 month period of January 1, 2020 through June 30, 2020:
|COVERAGE TIER||ANNUAL CONTRIBUTION|
|Employee + One||$420|
|Employee + Family||$630|
- HRA funds are available at the beginning of each plan year, and any funds remaining in an employees HRA at the end of the Plan year are carried forward to the next Plan year as long as the employee remains enrolled in the High Deductible Health Plan.
- Employees may use HRA funds for any eligible expense defined under Code 213d.
- If an employee with an HRA elects to participate in a Flexible Spending Account (FSA), then funds in the FSA must be exhausted before utilizing HRA funds.
- A HRA debit card is issued to eligible participants at no charge (and upon request for eligible dependents over the age of 18)
For more information about the details of the Health Reimbursement Account, refer to the: