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.
A health reimbursement arrangement is usually paired with a high-deductible plan, but it can be used with any insurance plan. It can even be offered by your employer as a stand-alone benefit. Your employer contributes a set amount of money to your HRA each year for your use. Unlike other health spending accounts, only your employer can put money into your HRA. Your employer owns the account.