What is another word for health reimbursement account?
Pronunciation: [hˈɛlθ ɹˌiːɪmbˈɜːsmənt ɐkˈa͡ʊnt] (IPA) 
A health reimbursement account(HRA) is a type of health plan that employers can provide to their employees. It allows employees to receive tax-free reimbursements for qualified medical expenses. However, there are some other names for this account, such as a health savings account(HSA) and a flexible spending account(FSA). Although they function similarly, HSA and FSA have certain differences. HSAs are accompanied by high-deductible health plans, while FSAs do not necessarily require a specific type of insurance. Additionally, FSAs have a "use it or lose it" policy, while HSAs have no such restriction. In some cases, employers may use these terms interchangeably, so it's essential to understand the meaning of each account type before selecting a health plan.
