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Health Reimbursement Arrangement with Vendor IntegrationEmployers are looking for flexible and budget-friendly ways to manage health care benefit costs while supporting their employees. Through an employer-funded health care spending account %u2014 known as a Health Reimbursement Arrangement %u2014 employers save money in taxes and reimbursements are not taxable to employees when used for qualified medical expenses. Employers have control over which expenses are eligible to be reimbursed and how the account is set up.HRA reimbursements are tax-deductible to the employer and do not increase employees%u2019 taxable income. You have control over the plan design and what qualified medical expenses are reimbursable. Our vended solutions with HealthEquity, HSA Bank and Flex offers flexible plan designs and optional debit cards on certain plans.Claims files are shared with our vendors to eliminate the hassle of submitting documentation to substantiate claims and allows for easy reimbursement. Members have access to balance and transactional details on BAMSM via real-time web feed and can also access vendor portals via single sign-on with select vendors.BlueEdge HCAThe rising costs of health care and complex billing systems lead to financial burdens for many employees. This Health Care Account is a first step for employees to become savvy health care consumers while helping employers manage their company health care costs. Selecting BlueEdge HCA is significantly cheaper than a third-party administered health reimbursement account and no funds are exchanged between the employer and us until they%u2019re used by the employee. A fully integrated claims processing process for medical expenses and prescription costs means a simplified experience for employees.Note: Health savings accounts (HSAs), health reimbursement arrangements (HRAs), flexible spending accounts (FSAs) and BlueEdge HCA (Health Care Account) have tax and legal rules. Blue Cross and Blue Shield of Illinois, Montana, New Mexico, Oklahoma and Texas does not provide tax or legal advice, and nothing herein should be construed as tax or legal advice. These materials, and any tax-related statements in them, are not intended or written to be used, and cannot be used or relied on, for the purposes of avoiding tax penalties. Tax-related statements, if any, may have been written with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials. You should seek advice based on your particular circumstances from an independent tax advisor regarding the tax consequences of specific health insurance plans or products.BlueEdge HCA is our proprietary employer-funded HRA used by members to help pay for their qualified medical expenses. BlueEdge HCA seamlessly integrates with the claim adjudication process, offering members a convenient account with near real-time payment for medical and pharmacy expenses, when utilizing select pharmacy benefit managers. BlueEdge HCA is configurable to meet the needs of the employer, offering flexible funding, rollover, and proration options. Additionally, the HCA is offered in various options (ex. member pays first, HSA-compatible, incentive funding etc.) to meet an employer%u2019s particular need.