Overview & Eligibility
The Excepted Benefit HRA (EBHRA) allows employers to contribute up to $1,800 annually to go toward reimbursement of an employee’s out-of-pocket medical expenses like copays, deductibles, dental and vision coverage, COBRA premiums, and long-term care.
EBHRA Reimbursement Limit:
How it Works
An EBHRA is permitted only if employees are offered coverage under a group health plan sponsored by the employer. Here’s how it works:
- 1Employer establishes a reimbursement limit and qualified medical expenses
- 2Employees pay for qualified medical expenses with an Ameriflex Debit Mastercard®, or
- 3They pay out of pocket and submit a claim form for reimbursement
- 4Employees get reimbursed for eligible claims paid out of pocket
The Value for Employees
Employers designate which expenses are eligible. EBHRA funds can be spent on expenses such as co-pays, deductibles, dental and vision coverage, COBRA premiums, and long-term care.
Employers fund the EBHRA to offset rising healthcare costs and offer employees a convenient way to pay for health insurance.
Employees will receive an Ameriflex Debit Mastercard® linked to their EBHRA. Employees can use their card for eligible purchases everywhere Mastercard® is accepted. Account information can be securely accessed 24/7 online and through the mobile app.
The Value for Employers
EBHRA contributions are tax deductible. Employers get the flexibility they need to offer quality health plan coverage for their employees that is better tailored to the individual employee.
Employers can set up the EBHRA to reimburse employees up to $1,800 annually for expenses that may include vision insurance, dental insurance, short-term medical insurance, and eligible out-of-pocket expenses.
Healthcare is complicated. The Ameriflex Client Relationship Team is eager to answer questions and provide assistance. Our 85+ Net Promoter Score (NPS) far exceeds the healthcare average.