Health Reimbursement Accounts Sample Clauses

The Health Reimbursement Accounts clause establishes the employer’s provision of a fund or account to reimburse employees for eligible medical expenses. Typically, this clause outlines which expenses qualify for reimbursement, the maximum annual amount available, and any requirements for submitting claims. Its core function is to help employees manage out-of-pocket healthcare costs, thereby enhancing the overall benefits package and supporting employee well-being.
Health Reimbursement Accounts. Employees who are participants of the HRA may use their HRA funds to purchase all qualified medical expenses, as permitted in section 213
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Health Reimbursement Accounts. Employees who are participants of the HRA may use their HRA funds to purchase all qualified medical expenses, as permitted in section 213 (d) of the Internal Revenue Code and the HRA Plan Document. The maximum HRA benefit will be the maximum HRA benefit prorated on a quarterly basis based on the employee HRA eligibility date. Reimbursements under the HRA can be made for the expenses of employee, spouse and dependent of the employee. HRA participants may access their entire HRA benefit anytime during the year. The unused HRA amounts at the end of the coverage year will not be carried forward to the next calendar period. Upon separation of employment during the plan year, participation in the plan will cease and any unused amounts are forfeited. These amounts may never be used for anything but reimbursements for qualified medical expenses.
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Health Reimbursement Accounts. Unused amounts in the Health Reimbursement Account may be carried forward each year. An employee who retires and begins to receive pension payments from the City’s defined benefit pension plan will be able to access unused funds, but no new contributions will be made to a retiree’s account. An employee who otherwise separates from City employment for any reason will forfeit any unused funds. An employee who waives coverage and receives payments under the City’s Health Care Waiver Program shall not have contributions.
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Health Reimbursement Accounts. Unused amounts in the Health Reimbursement Account may be carried forward each year during employment. Upon separation other than retirement, use of the account is subject to the requirements of COBRA.
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Health Reimbursement Accounts. An employee who retires and begins to receive pension benefit payments from the City’s pension plan will be able to access any unused, remaining funds within his/her health reimbursement account. However, no new contributions will be made to a retiree’s account after the date of retirement.
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Health Reimbursement Accounts. As of the Effective Time, C2 shall establish C2 Welfare Plans that provides health reimbursement accounts to C2 Group Employees (the “C2 HRAs”) and such C2 HRAs shall cover only C2 Group Employees that have health reimbursement accounts under the CIT Welfare Plans (the “CIT HRAs”) immediately prior to the Effective Time. The Parties shall use commercially reasonable efforts to ensure that as of the Effective Time any account balance under a CIT HRA for a C2 Group Employee is transferred as of or as soon as reasonably practicable after the Effective Time from the CIT HRA to the C2 HRA for such C2 Group Employee. Such C2 Welfare Plan shall assume responsibility as of the Effective Time for all outstanding claims under the CIT HRAs of the corresponding CIT Welfare Plans of each C2 Group Employee for the year in which the Effective Time occurs and shall assume and agree to perform the obligations of the corresponding CIT Welfare Plans from and after the Effective Time.
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Health Reimbursement Accounts. Employees who worked 1240 hours in the prior regular school year will be eligible for Health Reimbursement Accounts the following year. The district will deposit monthly $225.00 for the 2009-2010 school year in a HRA account for each driver or bus attendant that meets the hours criteria established above. Eligibility will be determined annually on the 6th day of District 47 student attendance. An employee eligible on the 6th day of attendance will be deemed eligible for the prior July and August. TJA’s monthly contribution for July, August, and September will be made in September. For 2010-2011 those drivers who work 1240 hours during the 2009- 2010 school year will receive this benefit monthly at $235.00. For 2011-2012 those drivers who work 1240 hours during the 2010-2011 school year will receive $245.00 per month. The district will depost it monthly
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Health Reimbursement Accounts. Effective with the first day of the first month following ratification of the Agreement by both parties, the City will establish a health reimbursement account (“HRA”) in the amount of $40 per month for each employee covered by this Agreement. Upon presentation of receipts showing expenditures for authorized medical, dental, or optical expenses, including health insurance premium contribution payments, an employee will be reimbursed from his/her account for such expenses, up to the current balance of the employee’s HRA. HRA’s do not accumulate from year to year; amounts remaining after all medical expense claims have been presented for a calendar year will revert to the City.
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Health Reimbursement Accounts. The County shall establish and fund Health Reimbursement Accounts (HRAs) as allowed by law for employees for the purpose of defraying the out-of-pocket costs of healthcare associated with lower cost Plan options. The amounts of such HRAs will be as follows: CORE PLAN - $220 / $440 VALUE PLAN - $425 / $850 Rollover of HRA monies will be allowed up to the date of retirement or other termination of employment. HRA funds must be expended on eligible expenses within one year of said retirement or other termination of employment.
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Related to Health Reimbursement Accounts

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • Health Care Spending Account After six (6) months of permanent employment, full time and part time (20/40 or greater) employees may elect to participate in a Health Care Spending Account (HCSA) Program designed to qualify for tax savings under Section 125 of the Internal Revenue Code, but such savings are not guaranteed. The HCSA Program allows employees to set aside a predetermined amount of money from their pay, not to exceed the maximum amount authorized by federal law, per calendar year, of before tax dollars, for health care expenses not reimbursed by any other health benefit plans. HCSA dollars may be expended on any eligible medical expenses allowed by Internal Revenue Code Section 125. Any unused balance is forfeited and cannot be recovered by the employee.

  • Business Expense Reimbursements During the Term, the Company shall promptly reimburse Executive for Executive’s reasonable and necessary business expenses in accordance with the Company’s then-prevailing policies and procedures for expense reimbursement (which shall include appropriate itemization and substantiation of expenses incurred).