The Departments Issue Final Rule on HRAs

According to the Centers for Medicare and Medicaid Services (CMS), health reimbursement arrangements (HRAs) are a type of account-based health plan that employers can use to reimburse employees for their medical care expenses. Because HRAs are tax-preferred, workers who buy an individual market plan with an HRA receive the same tax advantages as workers with traditional employer-sponsored coverage, as stated by the Department of Health and Human Services

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Tim Jost: The Proposed Health Reimbursement Arrangement Rule

The United States is unique among developed countries in the extent to which it ties health care financing to employment.  Fifty-six percent of Americans receive health coverage through their jobs. Some health policy experts have criticized this situation, asserting that health care could be financed much more efficiently if individuals purchased the health care coverage that best suited their needs rather than relying on their employers to purchase coverage for them.

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