The Department of the Treasury, Department of Labor, and Department of Health and Human Services released their proposed rule regarding health reimbursement arrangements and other account-based group health plans. The DOL also issued a news release and fact sheet on the proposed rule.

The proposed rule’s goal is to expand the flexibility and use of HRAs to provide individuals with additional options to obtain quality, affordable healthcare. According to the Departments, these changes will facilitate a more efficient healthcare system by increasing employees’ consumer choice and promoting healthcare market competition by adding employer options.

Due to its length, this Advisor is available only as a Microsoft Word document. Download "Tri-Agency Proposed Rule on Health Reimbursement Arrangements" from AdEase under Compliance.