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VEBA Overview veba HRAveba

1 The VEBA Plan is offered by VEBA Trust, a multiple employer voluntary employees beneficiary association (VEBA) formed in 1984 and authorized under Internal Revenue Code 501(c)(9). VEBA Trust is managed by a board of trustees appointed by the founding associations. 2 The HRA VEBA plan is offered by HRA VEBA Trust, a multiple employer VEBA formed in 1990 and authorized under Internal Revenue Code 501(c)(9). HRA VEBA Trust is managed by a board of trustees elected by the plan participants, participating employers, or the board of trustees, depending upon the trustee Reimbursement Arrangement (HRA)A health reimbursement arrangement (HRA) is a type of group health plan you can use to reimburse out-of-pocket medical expenses. Common expenses, as defined by the IRS, include retiree medical premiums, co-pays, deductibles, prescription drugs, etc.

business days. Automatic reimbursement of your retiree insurance premiums is available. You can set up an automatic premium reimbursement online after logging in at your HRA plan’s website or via our mobile app (HRAgo), e-mail, or regular mail as indicated on the Automatic Premium Reimbursement form.

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