Optima Design

Optima Design HRA offers employers the simplicity of a fully integrated health plan and HRA funding option combined with the flexibility employers need to design the HRA to achieve their goals.

Employers can offer a variety of core benefit plans which, when partnered with an HRA, incents employees to manage their healthcare dollars and helps employers to better control and predict healthcare costs.

Simplicity for Employers

Fully integrated HDHP with HRA
Single enrollment for both plans
No paper claims
Online access to HRA fund activity
Substantiation of eligible expenses
Promise-to-pay arrangement; no cash up front for employers
Unused funds are retained by employer if employee leaves the company

Better Control Over Healthcare Costs

Lower premiums Reduces “over-insurance”
Improved cash flow
Decreases over-utilization and yields more predictability in healthcare expenses each year
Empowers employees to become better consumers as they realize the true costs of healthcare

Tax Advantages

Employer-contributed HRA funds are tax-free
No maximum on employer contributions

Benefits for employees

Employees are not taxed on HRA contributed funds
Lower premiums
Financial assistance is available from the employer (from the HRA) for qualified out-of-pocket medical expenses
No paper claims
Consumer-friendly online tools for healthcare decision-making and account balances
HRA funds are tax-free and not considered an additional source of income

Not looking for a Consumer Directed Health Plan? Learn more about our other health plans.

Optima Health is the trade name of Optima Health Plan, Optima Health Insurance Company. Optima Equity and Optima Design HDHP PPO plans are underwritten by Optima Health Insurance Company. Optima Design HDHP HMO plans are underwritten by Optima Health Plan. All Optima Health plans have benefits exclusions and limitations and terms under which the policy may be continued in force or discontinued. For costs and complete details of coverage please call your broker or Optima Health or log on to Optimahealth.com. Optima Health recommends that employers and employees consult with a tax advisor when setting up an HSA or HRA account.