Ask Your Senators to Pass the Small Business Health Care Relief Act (S. 3060)
This week, the House of Representatives passed the Small Business Health Care Relief Act, which allows small employers the flexibility to offer pre-tax dollars to help pay premiums and/or other out-of-pocket costs associated with medical care and services. Specifically, the bipartisan legislation allows employers with less than 50 employees to provide Health Reimbursement Arrangements (HRAs) to employees without being penalized.
Under an HRA, an employer can set aside pre-tax money to reimburse employees for premiums and other out-of-pocket expenses. The money cannot be deducted from an employee's paycheck, but HRA's allow employers to limit some spending on health care each year. Read more