BNY Mellon Benefits Guide
How the HRA Works
It's easy to use an HRA:
- You enroll in Plan HRA
- All contributions are made by BNY Mellon to your HRA on or before your first pay date following your plan effective date.
- You may use your HRA to reimburse yourself for qualified health care expenses, using tax-free dollars. Note: You may use your debit card to pay for qualified health care expenses, or pay out-of-pocket and submit a claim for reimbursement.
- Use MyBenefit Solutions to complete HRA reimbursement requests (via MyReward or http://mybenefits.bnymellon.com).
Keep Your Receipts
If you are asked for documentation for an expense and do not have a receipt, the claim will be denied.
If You Change Your Plan Option Later
If you select Plan HRA and decide the following year to change to Plan HSA, your HRA (to the extent it has any balance remaining) will become a Limited Purpose HRA. This means that only dental, vision, preventive drug and out-of-network preventive care expenses will be eligible for reimbursement. Other qualified health care expenses can only be submitted for reimbursement after you meet the Plan HSA deductible. Additionally, you will no longer be able to use your Plan HRA debit card; instead, you will have to submit receipts for reimbursement.
In the Event of Disability
If you become disabled and are receiving either Short-Term or Long-Term Disability benefits, you will continue to receive BNY Mellon's annual contribution to your HRA and amounts in your account will remain available for reimbursement of qualified health care expenses.
In the Event of Your Death
In the event of death, amounts remaining in the HRA are available for reimbursement of qualified health care expenses incurred through the date of death; any remaining amounts are forfeited. Reimbursement requests for 2018 qualified health care expenses must be submitted by the deadline of June 30, 2019.