Two New Types Of HRAs Expand Health Reimbursement Arrangements


May not be aware that on October 12, 2017, President Trump issued an Executive Order promoting Healthcare Choice and Competition.

This took the form of a Notice to expand the flexibility and use of HRAs to provide more Americans with additional options to obtain quality, affordable, healthcare.

The proposed regulations remove the current prohibition on using HRA funds to purchase individual health insurance coverage; however, an array of stipulations apply to assure these new HRAs do not create an unstable individual market and that they coordinate with current Affordable Care Act premium subsidies.

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2 new types pf HRAs expand Health reimbursement arrangements 

 

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We are closely following CDC recommendations and when appropriate, we telecommute.  All client meetings are done via Zoom. 
At Mindful Insurance Solutions, our top priority has always been to deliver best-in-class service to our clients.  We chose the name “Mindful” precisely to be “present and willing to do something” with our clients, and that’s what we always strive to be—present with you in your business. To ensure that we remain true to our name during the current coronavirus pandemic, we are taking every precaution possible to protect the health and safety of our team and their families. Our team is now working at the office, following all CDC guidelines for working in an office and when needed, we are working remotely. Our physical office location is open but all client meetings are via the Zoom platform. We continue to be readily accessible to you. Your emails and phone calls/voicemails will be answered as usual, and our Mindful Insurance professionals will work to meet your needs in all the ways you have come to expect from us. We understand that insurance is a people-oriented industry, and Mindful prides itself on being a people-oriented company.  But while there is no substitute for face-to-face interaction, it is prudent to curtail such interaction as much as possible until things return to normal.  Therefore, Mindful also stands ready to interact with you via remote video/teleconferencing as desired. These extraordinary steps are necessary to preserve the health of our team and to help curtail the spread of the virus while upholding our commitment to you, our clients.  On behalf of the entire Mindful team, I want to thank you for your understanding and support during these challenging times.  We wish you, your families and your teams much good health. In your service, stay healthy and safe, William Donaldson President / CEO


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