Final Rule Adds Worker Classes, Lets Employers Offer HRAs To New Hires

The administration’s recently unveiled final rule on health reimbursement arrangements largely tracks with the proposed version, but makes a few changes to the rule’s categories of workers to help mitigate adverse selection, including adding a minimum size to certain classes. The final rule also lets employers keep existing workers in a traditional plan, while offering the HRA to new hires, which experts note is similar to how the employers transitioned from supporting pension plans for workers to relying on defined...