If you and your spouse both have Health Reimbursement Arrangements (HRAs) with PeopleKeep, you will each have separate accounts and family allowances. There’s no effect on the allowances you are both offered.
Below are two different options on how you can choose to coordinate the PeopleKeep HRA's you both have and maximize the allowances. The most important thing to remember is that you can not submit the same expenses or portions of premiums for reimbursement on both of your accounts. This could lead to over reimbursements and issues with trying to repay the money and being taxed unexpectedly.
Scenario:
Sally and Fred both have HRA benefits through PeopleKeep. They’re both covered on the same family health insurance plan that costs them $600 a month. They want to use both of their allowances in the best way possible.
Option 1:
Sally can submit a reimbursement request for ½ of the health insurance premium that she and Fred pay together ($300).
Fred can also submit a reimbursement request in his PeopleKeep account for the other ½ of that same premium.
This allows them both to take advantage of their health benefits without creating any tax issues.
Option 2:
Sally can submit a reimbursement request for the full health insurance premium ($600).
Fred can submit reimbursement requests only for eligible expenses that he and Sally pay out-of-pocket (such as doctor visits, eye exams, dental cleanings, etc.).
This allows Sally to maximize her entire benefit allowance and allows Fred the ability to use his benefit allowance whenever he or Sally incur a medical expense during the calendar year.