The sequence of events occurring in the operation of a typical Health Reimbursement Account plan begins when a participant incurs an unreimbursed medical expense. After the participant completes and submits a claim form for reimbursement of the expense, he or she is reimbursed for the eligible expense as defined by the plan.

Plan participants should be aware that expenses cannot be reimbursed through both a Health Reimbursement Account and a Flexible Spending Account. Expenses reimbursed from an employee’s account cannot also be claimed as a deduction or credit on their income tax return.

KEEPING IT SIMPLE...

Beneflex wants to make sure that employee's receive their reimbursements as quickly and efficiently as possible. When a claim is received prior to 4:00 p.m. Monday CST, the money is reimbursed to the employee via electronic funds transfer (EFT) into the bank account of their choice on Friday of the same week!

Beneflex provides the employer with EFT forms for their employees' to complete and fax to Beneflex.

Employees are provided HRA reimbursement claim forms. The employee simply completes the claim form, attaches required documentation of receipts and returns it to Beneflex via toll-free fax or mail.

As soon as the employees' receipts accumulate to $50.00, they are reimbursed.

Employee's that supply Beneflex with an e-mail address will be sent a confirmation that the reimbursement has been sent via EFT to their bank account.