Sounds like they're referring to an HRA account[1][2]. It's a fully employer-funded, employer-owned, and employer-controlled reimbursement account. It's similar

Sounds like they're referring to an HRA account[1][2]. It's a fully employer-funded, employer-owned, and employer-controlled reimbursement account. It's similar in function to an HSA account, but it doesn't actually belong to the employee and doesn't follow the employee when they're terminated. My employer offers both HRA and HSA based high deductible plans, as well as a PPO plan. The HRA plan is definitely the best plan on paper, especially since the unused HRA funds rollover[3], but a huge caveat being that you lose any HRA balance that you've accumulated over time if you ever leave or get terminated, since it doesn't actually belong to you. [1] https://www.investopedia.com/terms/h/hra.asp https://www.investopedia.com/terms/h/hra.asp [2] http://www.aetna.com/producer/aetnalink/2009-4q/natlink_hra_4q09.html http://www.aetna.com/producer/aetnalink/2009-4q/natlink_hra_... [3] Employers have significant leeway over how the HRA is structured, what it will cover, whether you have to use any FSA funds you have beforehand, whether unused balances will rollover or reset next year, etc. My employer happens to have a really good HRA structure, including rollover balances and using HRA funds before FSA funds.