Definition of washer. 1  1 : a flat thin ring or a perforated plate used in joints or assemblies to ensure tightness, prevent leakage, or relieve friction. 2  2 : one that washes; especially : washing machine.
Design of Benefit Programs. Benefits administrators research a variety of vendors of group benefit programs to identify benefits that fit the needs of the employees and the companyâs financial budget. They recommend the program to human resources management and top executives.
DEFINITION of 'Health Reimbursement Account-HRA'. Employer-funded plans that reimburse employees for incurred medical expenses that are not covered by the company's standard insurance plan.Because the employer funds the plan, any distributions are considered tax deductible (to the employer). Reimbursement dollars received by the employee are generally tax free.The downside to HRAs is that companies may choose whether to start or fund such a plan.ecause the employer funds the plan, any distributions are considered tax deductible (to the employer). Reimbursement dollars received by the employee are generally tax free. The downside to HRAs is that companies may choose whether to start or fund such a plan.