The cost of living in Venice, Florida (FL) is lower than the average cost of living in the state of Florida and lower than the nationwide city average.The average annual pay in Venice is $40,567.00, which is $3,082.00 lower than the salary average in Florida and lower than the U.S. average yearly wages by $9,241.00.he average annual pay in Venice is $40,567.00, which is $3,082.00 lower than the salary average in Florida and lower than the U.S. average yearly wages by $9,241.00.
Health Reimbursement Account is a notional derivative of a Health Reimbursement Arrangement (HRA), a type of US employer-funded health benefit plan that reimburses employees for out-of-pocket medical expenses.
BREAKING DOWN 'Health Reimbursement Account - HRA' A health reimbursement account is a notional defined-contribution plan set up by an employer for its employees to cover medical expenses. An employee who visits a medical professional or facility will have his health expenses reimbursed by the employer only after the expenses have been incurred.