what is hra and hsa
Difference Between HRA and HSA The key difference between HRA and HSA is that HRA is an employer funded health benefit plan that reimburses for medical expenses including personal health insurance policy premiums of employees whereas HSA is also a tax-advantaged health benefit plan exclusively available to taxpayers in the United States who are enrolled in a High-Deductible Health Plan (HDHP). What is the difference between an HSA and HRA? â¢ An HRA is a notional account controlled by the employer. Most HRAs allow the attributed âfundsâ to accumulate from year to year; however, this is not required and is at the employerâs discretion. â¢ Most HRAs do not pay interest to participants, nor do they allow. participant-directed investments.