The Council of Insurance Agents & Brokers expressed support for the Custom Health Option and Individual Care Expense (CHOICE) Arrangement Act, legislation designed to expand access to individual coverage health reimbursement arrangements (ICHRAs). The CHOICE Act would facilitate greater employer adoption of ICHRAs, providing employees with more flexibility in selecting their own health coverage. The Council supports expanding the role of brokers in advising employers on ICHRA adoption and administration.
The Council is a member of The Partnership for Employer-Sponsored Coverage (P4ESC), a nonpartisan advocacy alliance of employment-based organizations and trade associations representing businesses of all sizes and sectors. P4ESC recently submitted a letter to House and Senate leadership in support of H.R. 3799, the Custom Health Option and Individual Care Expense Arrangement Act. H.R. 3799, which incorporates several other bills and facilitates the provision of Health Reimbursement Arrangements (HRAs) to fund the purchase of individual coverage.
