What To Do If You Write A Bad Check. Under ordinary circumstances of writing a bounced check, youâll at most owe fees and the check amount. If you fail to pay, the recipient could involve a collection agency, which in turn will report the activity to the credit bureaus and damage your credit score.
This is how an HRA works: 1  Your employer sets up an HRA for each participant. 2  The HRA account is funded entirely by your employer; you donât contribute any money to your HRA account. 3  Each plan year, your employer contributes a specified amount to each participantâs HRA.
Health reimbursement arrangement, or HRA. A health reimbursement arrangement is a benefit account set up by your employer. They contribute a certain amount of money to the account each year for you to use. You can use it for medical expenses not covered by your health plan, such as deductibles or coinsurance.