If you are on a medical plan with FreedomCare (plans A through E and the MEC plan), you will receive a Health Reimbursement Arrangement (HRA) plan. An HRA provides monthly funds that you can use to pay for certain medical expenses.
How does the HRA work?
The HRA plan is active as of August 1, 2021. A card, similar to a debit card, will be mailed to you when you become eligible for the plan. You’ll receive a mailer like this one with your card.
You will receive $100 on a card each month that you are on a medical plan with FreedomCare. The funds will be deposited directly onto the card, and you can swipe the card just like a debit card when paying for medical expenses.
What can I use my HRA card for?
You can use your HRA card for dental, vision, medical, pharmacy, and over-the-counter medicine expenses including:
- Any leftover expenses for glasses or contacts that you were not reimbursed for
- Any leftover dental expenses that you were not reimbursed for
- Medical and prescription co-pays
- Medical bills you paid out of pocket for
- And more
You can find a full list of qualifying medical expenses here.
Note that not all pharmacies accept the HRA card. It’s best to use national chain pharmacies like CVS and Walgreens when using the HRA card.
How do I file a reimbursement claim?
If you are not able to use your card when you receive the service, you can submit a reimbursement claim by filling out this form and emailing it, along with the bill or explanation of benefits, to Flex Facts at [email protected].
You have from January 1st to March 31st to submit claims from the prior calendar year.
Note: Even if you use your card to make purchases, hold onto your receipts. You may be asked to submit receipts for certain claims.
Do my HRA funds roll over?
HRA funds roll over monthly, but they do not roll over annually with the exception of a three month grace period between January and March of each year.
Monthly: HRA funds can be used the following month even if you are not eligible that month. For example, if you are enrolled in a FreedomCare medical plan in November but not in December, and you had HRA funds leftover from November, you could use those funds in December.
Annually: You will have until March 31, 2022 to use your 2021 funds for medical expenses incurred in either 2021 or 2022. After that, the funds will be forfeited.
For more information:
View the Summary Plan Description here.
View the Flex Facts Employee Guide here.
For questions, call the Flex Facts at 732-640-5951.