President Trump Could Revolutionize the Private Health Insurance Market
“For decades, economists and health-care experts have warned about flawed incentives and rising costs in America’s system for employer-sponsored health insurance. That system, through which more than 150 million Americans get their coverage, has proved difficult to reform — until now,” healthcare expert Avik Roy writes in The Washington Post.
“Last week, the White House finalized a rule that allows employers to fund health reimbursement arrangements (HRAs) that can be used by workers to buy their own coverage on the individual market . . . Some in Washington want to take health insurance choices away from workers and replace them with the diktats of politicians. The Trump initiative moves in the opposite direction, placing health- care choices right where they have always belonged: in the hands of hard-working Americans.”
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