Washington – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement regarding the release of proposed regulations on Health Reimbursement Arrangements by the Departments of Labor, Health & Human Services, and the Treasury:
“Today’s proposed regulations will expand the availability of affordable health insurance for hardworking Americans. This fulfills the commitment the President made in his October 2017 Executive Order to foster competition and choice and to provide Americans—especially employees who work at small businesses—with more options for financing their healthcare. Treasury projects that this will benefit hundreds of thousands of employers and millions of workers.”
Read the full release on the proposed regulations.
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