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HR6708119th CongressWALLET

ICHRA Permanency Act

Sponsored By: Representative Bean, Aaron [R-FL-4]

Introduced

Summary

Codifies the 2019 rule on Individual Coverage Health Reimbursement Arrangements (ICHRA) and other account-based group health plans into federal law. The bill, titled the ICHRA Permanency Act, gives the June 20, 2019 final rule (84 Fed. Reg. 28888) the full force and effect of statute, embedding that regulatory framework in law rather than leaving it solely at the agency-rule level.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Permanent rules for employer health reimbursements

If enacted, this bill would make the June 20, 2019 HRA rule (84 Fed. Reg. 28888) part of federal law. Employers would be allowed to offer employer-funded HRAs under those 2019 rules. It would also lock in the rule's compliance and plan-design limits for employers and plan managers. You would be affected only if your employer offers an HRA. This also applies if you are enrolled in a related account-based group health plan. The change would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

Bean, Aaron [R-FL-4]

FL • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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