Forbes June 13, 2019
The Trump administration finalized a new rule late today that offers important opportunities for businesses, especially small employers, to offer more health coverage options for their workers and for employees to have much more flexibility and control over their health care dollars.
The rule undoes an Obama administration action that forbade workers from using funds in a Health Reimbursement Arrangement (HRA) to purchase health insurance policies offered in the individual market outside their workplace. “President Trump’s new rule undoes this misguided restriction,” White House economist Brian Blase explains in this CNN Business post.
HRAs are employer-funded accounts that workers use to pay for health insurance premiums or medical expenses. They were created in 2002 during the...
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