Bush health proposal would phase out FSAs, HRAs

Silva, Chris
April 2007
Employee Benefit News;Apr2007, Vol. 21 Issue 5, p1
The article reports on a provision in U.S. President George W. Bush's health care proposal that would end flexible spending accounts (FSAs) and health reimbursement accounts (HRAs). Alston & Bird law firm partner John Hickman says that details of the proposal remain unclear. According to HR Consulting Group president Robert Thurston, about 21 million citizens have an FSA. Hickman adds that the impact of the proposal is that the employer would not be as active in delivering health benefits.


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