Administrator Verma Issues Statement on Access to Quality, Affordable Health Coverage - Insurance News | InsuranceNewsNet

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June 22, 2019 Newswires
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Administrator Verma Issues Statement on Access to Quality, Affordable Health Coverage

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WASHINGTON, June 13 -- The U.S. Department of Health and Human Services' Centers for Medicare and Medicaid Services issued the following statement by Administrator Seema Verma on the Trump administration's action to expand access to quality, affordable health coverage through health reimbursement arrangements:

"This new rule is another example of President Trump delivering on his promise to provide more affordable healthcare options to the American people.

"The policy creates an exciting new opportunity for employers--especially small employers that might not offer coverage today--to provide employees tax-preferred funds to help buy coverage on the individual health insurance market.

"Making this option available to employers will significantly increase coverage across America and reduce the number of uninsured.

"I thank the President for his ongoing commitment to putting Americans back in control of their healthcare, and look forward to our continued work to strengthen the individual market and transform our healthcare system."

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