Trump administration plans to revamp employer-based health care
The Trump administration is set to roll out a new policy that could reshape how employers offer insurance coverage.
The proposal, which will be announced Tuesday, would lift an Obama-era prohibition on allowing more companies to provide health reimbursement arrangements (HRAs), administration officials told reporters Monday.
The proposal would allow companies to use HRAs to reimburse employees’ premiums on the individual health-insurance market up to $1,800.
The new policy would apply to small- and medium-sized companies that currently do not offer health insurance coverage to employees, administration officials said.
The proposal is the third part of President Trump’s executive order on ObamaCare and insurance competition from last fall. Two other policies from the order have already been made final: expanding the duration of non-ObamaCare short-term insurance plans, and allowing for employers to form association health plans.
HRAs allow workers to purchase coverage using tax-free dollars. Currently, an HRA can only be used to reimburse an employee or dependents for certain qualified medical expenses.
https://thehill.com/policy/healthcare/412640-trump-administration-to-overhaul-employer-insurance
= new reply since forum marked as read
