Inspira Financial
Health Reimbursement Account
What is an HRA?
Smithers will set aside funds into your HRA plan to pay your out-of-pocket medical, dental and vision expenses. You benefit by shopping for the lowest cost of care, which would stretch the money further. You can pay up to 36% less by shopping for your care. Sign in on inspirafinancial.com to get a personalized cost estimate based on your plan design.
Funds are set aside each year that you are enrolled in the $3,500 or $5,000 Deductible Plans based on factors within the wellness program. Click on the wellness tab for information on earning Smithers provided funds into your HRA. Any unused funds roll over to the next plan year. There is no maximum on the amount that you can roll over. Based on your savings, you could build up enough funds to cover your plan deductible and more!
Great benefits for you
All employees and families who complete a nicotine/tobacco attestation or cessation program will receive a $550/$1050 HRA Deposit for employees/families and $160 for eligible spouses. You can complete your attestation step or cessation program in the wellness program.
NOTE that both employee and spouse must complete this in their individual accounts.
Resources
| Non-Tobacco Incentive* | Participate in the 360-Wellness Plan to earn additional Incentives |
Total Potential Wellness HRA Incentives | |||
| Employee Attestation | Spouse Attestation | Maximum Combined | |||
| Employee Only | $550 | – | $550 | $1,200 | $1,750 |
| Employee + Spouse | $1,050 | $160 | $1,210 | $1,200 | $2,410 |
| Employee + Child(ren) | $1,050 | – | $1,050 | $1,200 | $2,250 |
| Family | $1,050 | $160 | $1,210 | $1,200 | $2,410 |
EXAMPLES OF QUALIFIED MEDICAL EXPENSES
- Acupuncture
- Alcoholism treatment
- Ambulance
- Artificial limbs
- Braces
- Childbirth preparation classes (mother)
- Chiropractors
- Contact lenses
- Crutches
- Dental fees
- Dentures
- Diagnostic fees
- Doctor’s fees
- Drug addiction recovery
- Dyslexia language training
- Eyeglasses and examination fees
- Hearing aid and batteries
- Home modifications for handicapped
- Insulin
- Laboratory fees
- Maternity expenses
- Nursing homes
- Optometrists
- Orthodontia
- Orthopedic shoes
- Oxygen/oxygen equipment
- Prescription Drugs
- Psychiatric care
- Therapy treatments (prescribed)
- Transportation (for medical care)
- Vision correction surgery (e.g., LASIK)
- Vitamins (if prescribed)
- Wheelchairs
- X rays
Download the Inspira Financial Mobile App
With our free Inspira Mobile App, you can easily access your account information in the palm of your hand.
- Check account balance, deposits, and payments
- View your account alerts
- Verify card purchases
- Pay your providers directly from your account
- Request reimbursement for your eligible expenses
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