Health Reimbursement Account (HRA)Pay for eligible health care expenses tax-free.
What is an HRA?
An account with tax-free dollars that helps pay for eligible out-of-pocket medical expenses.
How much can I contribute?
You may not contribute to the account.
What can I use it for?
Your account is automatically debited when you receive covered medical services, typically applied to your deductible.
Does it roll over from year to year?
Yes, until you’re no longer enrolled in a Michaels HRA plan.
How do I access my account?
Your account is automatically debited when you receive covered medical services.
Is the company money deposited all at once?
Yes. You receive the full company contribution at the beginning of the plan year.
Kaiser HRA FAQ