PRESIDENT DONALD J. TRUMP IS WORKING TO IMPROVE HEALTH INSURANCE COVERAGE FOR AMERICAN WORKERS AND HELP SMALL BUSINESSES
“The next major priority for me, and for all of us, should be to lower the cost of healthcare and prescription drugs, and to protect patients with preexisting conditions.”– President Donald J. Trump OFFERING WORKERS BETTER COVERAGE: President Donald J. Trump is expanding Health Reimbursement Arrangements (HRAs), opening new coverage options for American workers. The Trump Administration has finalized a rule to expand HRAs, giving businesses a better way to offer health insurance coverage. Under the rule, employers will be able to provide their workers with tax-preferred funds to pay for the cost of health insurance coverage that workers purchase in the individual market. This rule will particularly benefit small businesses that face significant costs in offering a traditional group health plan and businesses that do not currently offer coverage. The rule corrects a major distortion by, in effect, providing the same tax benefits to these new ...