Is a Health Care Reimbursement Account the same as a FSA?

[MindyB · Accepted solution]

Yes, they are generally the same thing.  If you fund the Health Care Reimbursement Account (HCRA) through pre-tax salary deductions (your employer is allowed to contribute too), then it is the same as an FSA.  You won't be taxed on your contributions.  

Here is some more information you might find helpful: Flexible Spending Accounts: A Once-A-Year Tax Break