If companies could give employees tax free money to buy health insurance on their own, how many would do so? | | Total Benefit Solutions Inc
Employer options for providing health insurance may expand with new rules on health reimbursement arrangements.. In October 2018, the Trump Administration proposed regulations that will allow employers to reimburse employees who purchase health insurance in the individual market through health reimbursement accounts (HRAs). These regulations are likely to raise questions about employers' choices of how to provide access to health insurance, and elicit reactions about the fate of the Affordable Care Act (ACA) and whether employers will stop offering employees health care coverage altogether. While the latter is unlikely, here's a little background on the proposed rule, what's in it and what it could mean for the role of employer plan sponsorship, the stability of insurance markets and employee access to affordable health insurance. Where we started: Legislative and regulatory background Prior to passage of the ACA, employers could reimburse employees who bought individual coverage, but