What Does Healthcare Reimbursement Plan Mean?

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What does Healthcare Reimbursement Plan mean? Read on to discover the definition & meaning of the term Healthcare Reimbursement Plan - to help you better understand the language used in insurance policies.

Healthcare Reimbursement Plan

Healthcare Reimbursement Plan

A noninsurance program that allows employees to be reimbursed for uninsured healthcare costs (and in some cases dependent care costs) with tax-free dollars. Formed under section 125 of the U.S. Internal Revenue Code, these accounts are usually funded through payroll deductions, but they can be employer funded.

We hope the you have a better understanding of the meaning of Healthcare Reimbursement Plan.

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