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How the Group HRA Works (Video)

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listen up team we have intercepted intelligence leading us to believe that employees in your auntie may be using their own money to pay for healthcare expenses when they don't have to this has led to confusion and frustration if you wallet and fewer stopped for coffee your mission should you choose to accept it is to save neon health care costs by utilizing $2 set aside for you by your employer once you become eligible we are equipping you with a secret weapon to help combat these Health expenses Health reimbursement Arrangement also mhra funded by your employer yes that's right if you are enrolled in the group HR a plan there is money set aside for you to use on medical expenses you must first reach sir threshold in your deductible and coinsurance or co-pay amount should you need them during the course of the plan year your hr8 follows IRS regulations so you need to ensure that expenses you send in are eligible medical expenses for yourself your cover boss and or you're covered eligible dependents in the event that you are covered eligible spouse or eligible dependents reached the threshold listed here and have additional qualifying Health expenses throughout the course of the plan year funds will be disbursed to you up to the following amounts when you require the services of an in-network provider like a doctor present your insurance card this is your regular insurance card you do not need to show your provider in a dish document or insurance card for the group h r a in rare instances you may encounter resistance and your provider may require some payment up front they alert your insurance carrier will send you a confidential I meant after they process your claim this document is called an explanation of benefits Oreo be remember this is not a bill its purpose is to show you how much your insurance is covered and how much you owe the doctor will bill you separately save this document and transmit your ecobee to your third party administrator or teepee a deal one of these to cure options mail facts or electronically we will send you a secure document for step by step instructions on each of these methods in a separate transmission you can pay your provider when you receive the bill or if you promptly submit the eobi disbursements will likely occur before the Bill of Rights or is he do it is in your best interest to file claims as soon as possible but no later than 90 days after the end of your current plan year be sure to keep these documents and other Healthcare receipts in a secure location as always should you or anyone in your family need more information on the cupboard until please contact your tpaa or Waldo agencies for assistance

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How the Group HRA Works (Video)

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