| Reimbursement | Reimbursement is the act of compensating an individual or institution for an expense. In healthcare, a Health Reimbursement Arrangement (HRA) is a medical insurance plan in which the employee/patient, the employer, and the insurance company are responsible, to different degrees, for covering healthcare costs. An HRA can be cancelled at any time by an employer. Proponents of HRAs characterize these accounts as part of consumer-driven healthcare because they believe they offer patients a great degree of control over their care. (See Consumer-driven healthcare [CDHC] and Health Reimbursement Arrangement [HRA].)
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