Executive Order Could Affect Employer Health Plans

Earlier this summer, President Donald Trump signed an executive order aimed at improving price and quality transparency in health care, while protecting patients from surprise medical bills. The order also seeks to enhance patients’ control over their own health care resources through tax-preferred medical accounts. As a result, OMA Connections Partner One Source Advisors says the Treasury Department will soon issue guidance to expand access to high-deductible health plans. Additionally, the Treasury will propose regulations to increase the amount of funds that can carry over without penalty at the end of the year for flexible spending accounts.

Questions? Get in touch with One Source Advisors. The OMA will keep you posted on any new developments. 8/12/2019