Washington, D.C. (June 14, 2019)— NFIB, the nation’s leading small business advocacy organization, released the following statement on the new rule issued by the U.S. Departments of Treasury, Labor, and Health and Human Services that allows employers to provide a tax-preferred Health Reimbursement Arrangements (HRAs) benefit to employees who obtain individual health insurance coverage:
“The Trump Administration’s expansion of access to Health Reimbursement Arrangements is a significant victory for small businesses and a meaningful change NFIB has long fought to achieve,” said NFIB President and CEO Juanita D. Duggan. “We are encouraged by this new HRA rule, which, combined with the administration’s earlier initiatives, will allow more small business owners additional options as they seek affordable, flexible, and predictable health care coverage for their employees.”
