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Fred Perpall, CEO, The Beck GroupFebruary 15, 2019
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Second Partial Government Shutdown UnlikelyFebruary 13, 2019
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Texas Lawmakers To Join President Trump For Rally In El PasoFebruary 11, 2019
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North Texans Care: My PossibilitiesFebruary 11, 2019
Special Features
Trump administration unveils health options for small firms
WASHINGTON (AP) — Officials say the Trump administration is rolling out new options for small employers to use tax-free accounts for providing health coverage to workers.
The idea is to expand so-called "health reimbursement arrangements" to allow employees to buy their own individual coverage.
Employers can also pair the accounts with workplace health insurance, allowing workers to use the money for additional benefits such as dental care.
Officials from the departments of Treasury, Labor, and Health and Human Services provided a broad overview of the proposal Monday evening ahead of an official announcement, expected Tuesday.
Critics say the approach will undermine traditional job-based coverage.
HRAs join other Trump administration health insurance initiatives, including association health plans and short-term policies.
The changes are complex and could take time for employers to sort out.