What HRA contribution and rollover options are available?
We offer employers considerable flexibility in how they fund their HRA and how those funds are allowed to accumulate over time. Employers of groups from 5 to 199 employees choose from a dozen HRA plan designs and can fund at 20%, 30% or 50% of the medical plan deductible amount. Some plan designs are “member pay first” and others are “HRA pay first.” Employers also have options to define whether unused allocations can roll over at the end of the year, and the maximum amount that can roll over each year (100%, 200% or 300% of employee allocation). A tiered allocation option is also available for employers who want to take family size into consideration when determining the HRA allocation. Groups of at least 200 can fund from 10% to 100% of the medical plan deductible in 10% increments and have more options for rollover percentages and dependent allocations. Please contact your Premera sales representative for more information.
