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Trump’s Healthy Tax Break

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By Editorial Board,

The Wall Street Journal, July 1, 2019

The Trump Administration published a final rule giving businesses a new option to help employees get the health coverage of their choice. The new Health Reimbursement Arrangement (HRA) rule allows an employer to give a worker tax-exempt dollars to buy a health-insurance plan in the individual market. The practical effect of the new rule is to extend the tax advantage for employer health care to individuals who purchase their own insurance. The Trump Administration predicts that over time some 800,000 employers will offer HRAs to more than 11 million workers and their families. Some 800,000 would otherwise be uninsured. Click here to read more.