Will Congress Help Small Businesses By Reviving HRAs?

Christina Merhar wrote a nice post over at Zane Benefits updating the status of reviving HRAs in the current Congress. Although I would like to move on from the HRA subject, I cannot. The most cost effective health care plan available is my grandfathered health insurance plan from Aetna-AARP and I would like to pay those insurance premiums with pre-tax money like I did in 2014. Although my company tried to make do with a bad situation by giving me a raise, the bottom line is that I will have un-reimbursed health insurance costs in 2015 because of the payroll taxes on the raise. For a healthy family that last made an insurance claim in the 1990s, this is unacceptable. Here is my reason to revive HRAs.

Yes, I think they should revive HRAs and allow them to pay for grandfathered health insurance plans. I will encourage my congressman to support the bill as one of those bipartisan changes to the Affordable Care Act that makes it less evil. I will go a step farther. I want to keep my existing plan and HRA until the Affordable Care Act reforms actually result in falling costs and more cost effective plans being offered via the exchanges. This is what the President promised and I think we should hold him to his promise.

Here is part of the press release from Representative Boustany(R-LA) web site in which he says, “ObamaCare Delay Not Permanent Solution.”

Boustany questions Treasury Secretary Lew on the Administration’s policy on HRA’s.

Last year Representative Boustany(R-LA) and Representative Mike Thompson (D-CA) introduced the Small Business Healthcare Relief Act last year that permanently reverses this guidance, giving employers and employees more flexibility in choosing coverage. This legislation is supported by the United States Chamber of Commerce, the National Federation of Independent Business (NFIB), the National Association of Manufacturers (NAM), the Retail Industry Leaders Association (RILA), the National Association of Homebuilders (NAHB), the National Association for the Self-Employed, and the Council for Affordable Health Coverage (CAHC).