Which of the following statements about Health Reimbursement Arrangements (HRA) is CORRECT?
Which of the following statements about Health Reimbursement Arrangements (HRA) is CORRECT?
If the employee had a qualified medical leave from work, lost wages can be reimbursed
If the employee paid for qualified medical expenses, the reimbursements may be tax-free
Any unused amounts are added to employee’s gross income
Health insurance premiums can be reimbursed to the employee