You are most likely considering an HRA because you have decided to lower your health plan expenses by providing your employees a lower premium plan. The HRA will provide financial assistance to cover their eligible out-of-pocket healthcare expenses. An HRA offers a multitude of plan design options, allowing you to control the total cost of offering the account; and since HRAs are not pre-funded and are instead a promise-to-pay arrangement, you only pay when an employee files a claim.