| | Health Care Reimbursement Account (HCRA) |
Health Care Reimbursement Account
Key Highlights
- Estimate your expenses carefully. Any unused balances will be forfeited. (Use it or lose it rule).
- Enroll in HCRA within 30 days of hire, or within 30 days of a qualified life event for mid year enrollments.
Where to Go With Questions
If you have questions about HCRA before enrolling or during the year, talk with a Customer Service Representative at SHPS at 1-800-807-8847, press 1.
Representatives are available Monday through Friday, 5:00 a.m. to 5:00 p.m.
For more information on Eligible Expenses and the tax implications of enrolling in the HCRA:
- Review IRS publication #502. For copies of this publication, call 1-800-TAX-FORM (1-800-829-3676).
- Consult a qualified tax advisor.
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