Choosing & Using Your HSA or HRA

Pay for Eligible Health Care Expenses Tax-Free
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Choosing an HSA or HRA

To help you pay for eligible in-network health care expenses, Michaels contributes to either a Health Savings Account (HSA) if you enroll in the Select HSA plan, or a Health Reimbursement Account (HRA) if you enroll in the Kaiser HRA plan.

The two types of accounts work differently: follow the links for a closer look at each account in order to help you choose.

Health Savings Account (HSA)

Health Reimbursement Account (HRA)