HRA, HSA and Gap Plan Comparison Guide
| Benefits | HRA | HSA | Gap Plan (Premium Saver Specific) |
|---|---|---|---|
| Minimum Enrollment | 2 | 1 | 2 |
| HDHP Deductible Minimums |
No Minimum | $1,350 (As of 2018) |
No Minimum |
| Employee Contribution | No | Yes | Yes |
| Debit Card Available | Yes | Yes | No |
| Owner of the Account /Plan |
Employer | Employee | Employer |
| Contributions | Employer | Employee /Employer | Employee /Employer |
| Benefit /Contribution Amount |
Dollar for Dollar | Dollar for Dollar | 4x – 5x contribution amount |
| Benefits | HRA | HSA | Gap Plan (Premium Saver Specific) |
| Contribution Limits | None | $3,650 – Single $7,300 – Family (As of 2022) |
$9,500 |
| You can use money in account before fully funded | Yes | Yes, only available balance | Yes |
| Benefit Access | Full balance available day 1 | Available Balance | Full balance available day 1 |
| MM Plan Design | HDHP Common | Must use QHDHP | HDHP Common |
| Tax Benefit | Tax Deductible | Tax Deductible Grows Tax Free |
Tax Deductible |
| Corporate Requirements/Limitation | Coverage for Sole Proprietors, Partners and 2% or More S-Corp Owners (cannot be covered) | Coverage for Sole Proprietors, Partners and 2% or More S-Corp Owners (Yes, but not eligible to participate in cafeteria plan used to fund HSA in the workplace) | No Limitations if everyone on the Major Medical plan is on the Premium Saver Plan |