Monica's employer offers a health insurance plan with a very high deductible. In addition, her employer provides a fund for her to spend specifically on health care. What kind of plan does she have?

Question

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Monica has a Health Reimbursement Arrangement (HRA) plan, where her employer provides a fund for her to spend specifically on health care. The high deductible means that she likely has a high-deductible health plan (HDHP), which is a requirement for having a Health Savings Account (HSA). However, since her employer is providing the funds, it is not an HSA plan. An FSA would also provide funds for health care but is typically funded by the employee, not the employer. Medicare is a government-sponsored health insurance program for those over 65 or with certain disabilities. A self-funded health plan is a plan where the employer takes on the risk of providing health insurance to employees, which does not necessarily indicate the type of account funding.

Monica's Employer Offers a Health Insurance Plan with a Very