The overall benefits of a Medical Expense Reimbursement Plan are as follows:

  • Provides flexibility & allows for risk cap
  • Allows members to cost share with the employer
  • Gives employer control over plan designs
  • Provides detailed reporting that an HRA cannot

While a MERP allows the freedom to move carriers and alter plan designs, a carrier-integrated HRA is hard to move or alter.

While a MERP provides detailed data reporting on a daily, weekly, or monthly basis, there is very limited reporting with an HRA. There is no breakdown of specific claim details.

Lastly, a Medical Expense Reimbursement Plan tracks success by savings, while it is very hard to equate the value of an HRA plan.

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