What types of expenses can be covered by a traditional HRA?

Traditional HRAs can be used to reimburse a wide range of medical expenses that are considered qualified by the IRS. This includes expenses like deductibles, copayments, prescription medications, and some over-the-counter medications with a doctor’s prescription. Employers can choose to restrict the list of reimbursable expenses in their HRA plan, as long as they comply with IRS regulations.