October 23, 2018
Secretary Azar Praises President Trump’s Proposal to Create New Insurance Options
On Tuesday, the Departments of Labor, Health and Human Services, and the Treasury issued a proposed regulation that expands health reimbursement arrangements (HRAs), allowing employers to use them to make contributions toward employees’ purchase of individual-market insurance.
HHS Secretary Alex Azar issued the following statement regarding the proposal:
“Today’s announcement is another example of President Trump’s delivering on his promise to provide for more affordable healthcare options for the American people. More access to association health plans, short-term insurance, and flexible HRAs complement the work we are doing at HHS to bring down drug prices and lower the cost of healthcare services. Each of these actions is focused on empowering patients through transparency, choices, and competition.”
Read the full release on the rule: https://www.dol.gov/newsroom/releases/ebsa/ebsa20181023