The Consumer Health Account Plans 1 and 2 (CHA1 and CHA2) come with a Health Reimbursement Account (HRA) funded with money from Hertz. This money automatically pays for out-of-pocket medical expenses. Here’s how it works:
- Hertz deposits the Company's contributions into your account when the plan year begins on July 1.
- The money contributed by Hertz is automatically used for your eligible expenses when you file a claim, so you won’t pay anything out of pocket until you’ve used all of your HRA dollars. This means that UHC automatically puts the HRA money toward your health care costs.
- Once your HRA dollars are used, you begin to pay for your care. However, you can use a Health Care Flexible Spending Account (HCFSA) to pay for your eligible expenses once you use all of your HRA dollars. If you're enrolled in an HCFSA, your HCFSA dollars will be automatically used after you've used all of your HRA dollars. If you'd like to change this feature, you can do so in your account through the enrollment tool.
For more information about the Health Care Flexible Spending Account, click here.
If you enroll in the CHA1 or CHA2, Hertz deposits the Company contributions into your account when the plan year begins on July 1. You cannot contribute to the HRA. Here’s what Hertz contributes to the HRA:
- $600 for Employee Only coverage
- $900 for Employee + 1 Dependent coverage
- $1,200 for Employee + 2 or more Dependents coverage
If you're a new hire, the HRA contribution is prorated based on your date of benefits eligibility.
If you don’t use all of your HRA dollars, any unused funds carry over into the next plan year.