For employers in most states, the main obstacle to cash-for-coverage programs was health insurers' use of medical underwriting in the individual market.

Transamerica has added a new kind of "cash for health coverage" program — an individual coverage health reimbursement arrangement program — to its employee benefits menu.

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Allison Bell

Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.