By Breitbart. President Donald Trump announced plans Friday to expand health care for small business and workers through health reimbursement arrangements (HRA).
Trump said that the expansions of HRAs would allow families to start shopping around for health care plans that they wanted and to get reimbursed by their employers. . .
Trump warned Americans away from free government healthcare plans proposed by Sen. Bernie Sanders, pointing out that it would lead to socialism.
“That’s going to hurt a lot of people,” Trump said, warning of worse care and long wait times under a government-run system.
“We have to reject the socialist model,” Trump said, calling for freedom of choice and access to the best health care plans. (Read more from “Trump Announces His Anti-Socialism Health Care Expansion” HERE)
Executive Order to Aid Employee Access to Individual Health Plans
By Health Payer Intelligence. The Trump Administration issued an executive order that will allow employers to help employees pay for health insurance via health reimbursement arrangements. . .
According to the Department of Health & Human Services, an estimated 800,000 employers and 11 million employees and dependents will benefit from the executive order. . .
HHS provided a brief description of how the rule will impact employers and employees next year:
Under the rule, starting in January 2020, employers will be able to use what are referred to as individual coverage HRAs to provide their workers with tax-preferred funds to pay for the cost of health insurance coverage that workers purchase in the individual market, subject to certain conditions. These conditions strike the right balance between employer flexibility and guardrails meant to protect the individual market against adverse selection, and include a notice requirement to ensure employees understand the benefit. Individual coverage HRAs are designed to give working Americans and their families greater control over their healthcare by providing an additional way for employers to finance health insurance.
(Read more from “Executive Order to Aid Employee Access to Individual Health Plans” HERE)