RHRA definition
Examples of RHRA in a sentence
Instead of electing coverage under a Medicare Advantage and a dental plan, a retiree or surviving spouse may elect to receive reimbursement for the actual cost of the Medicare Part B premium and a stipend contributed by the District to the retiree’s health reimbursement account (RHRA).
The RHRA, the members, directors and officers of the RHRA, the inspectors and the other persons employed, retained or appointed by the RHRA are not agents of the Crown.
If the cost of the premium(s) is less than the County's contribution, the County will deposit the difference in the retiree’s RHRA.
Every proposal to establish a new fee or a fee increase greater than the cost of inflation shall be subject to a Fee Review Analysis and consultation conducted by the RHRA in accordance with the Fee Review Analysis, Consultation and Notice, and Criteria sections set out below.
After an employee separates from County employment, the employee’s RHRA funds may be used for any eligible medical expenses incurred by the employee, the employee’s spouse, or the employee’s eligible dependents.
However, in the notice to the Minister, the RHRA must provide an effective date for the reduced or eliminated fee, the timeframe over which the change would be in effect, and a summary of the RHRA’s forecasted revenue and expenditures during this effective period to ensure that the reduced revenue does not adversely impact its operations and financial sustainability.
The RHRA shall solicit comments from licensees and sector stakeholders on the proposed new fee or fee change greater than inflation for a period of at least 30 days, in advance of the written notice described below.
If provided later than the Fall, the RHRA may provide the Minister with information on any operational impact of the expectations and priorities in the letter.
The RHRA shall also provide the Minister with a copy of the draft notice informing licensees and sector stakeholders that a new fee or fee change greater than inflation will take effect at this time.
The RHRA will review fees annually or more frequently as determined by the Board, considering the criteria below and identifying changes in operational and environmental factors, or other pertinent information.