Any time lawmakers can introduce greater choice and dynamism into the health insurance market, patients benefit. The CHOICE Arrangement Act, which passed the House last month, is a perfect example.
The bill would codify the so-called “individual coverage health reimbursement arrangements,” or ICHRAs, established through executive order by President Donald Trump in 2019. ICHRAs allow employers to offer their workers tax-free cash to help pay for coverage on the individual market.
As such, they represent a more personalized and portable alternative to employer-sponsored health insurance — something many Americans would gladly welcome.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
GOP Notches a Victory Battle for Healthcare Choice
Sally C. Pipes
Any time lawmakers can introduce greater choice and dynamism into the health insurance market, patients benefit. The CHOICE Arrangement Act, which passed the House last month, is a perfect example.
The bill would codify the so-called “individual coverage health reimbursement arrangements,” or ICHRAs, established through executive order by President Donald Trump in 2019. ICHRAs allow employers to offer their workers tax-free cash to help pay for coverage on the individual market.
As such, they represent a more personalized and portable alternative to employer-sponsored health insurance — something many Americans would gladly welcome.
Click to read the full article in Newsmax.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.