Advocates for alternative health-care arrangements Wednesday tried to convince IRS officials that the tax collection agency has regulatory authority to allow their plans to be used in conjunction with health savings accounts.
In June the Internal Revenue Service released a proposed regulation in response to President Donald Trump’s 2019 executive order specifying that increasingly popular direct primary care (DPC) arrangements and health-care sharing ministry (HCSM) memberships can be deducted as medical care. The proposal also would clarify that health reimbursement arrangements funded by employers can be used to reimburse employees for those types of alternative health coverage.
The ...
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