A portion of the HRA regulations text If the regulations take effect as written, and work as the drafters expect, they will apply starting with the 2020 plan year. (Image: IRS/EBSA/HHS)

New final health reimbursement arrangement (HRA) regulations could encourage U.S. employers of all sizes to give workers cash the workers could use to buy their own health coverage.

The final regulations could also encourage employers to offer workers access to health insurance brokers, and to private health insurance exchange programs, to help workers understand their health coverage options.

The federal “tri agency” team — the  Internal Revenue Service, the Employee Benefits Security Administration, and the U.S. Department of Health and Human Services — posted a preview version of the final HRA regulations Thursday.

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Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. 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 through X at @Think_Allison.