Tuesday, September 1, 2009

HRA - The Health Insurance Solution

I know.......I know. It's been nearly a month since I posted. I haven't been vacationing. I've been researching or trying to research the "new" words that will be used to try and fool us about the health care/insurance reform.

Unfortunately I haven't been able to get confirmation on the things that I've been told are in the works. So...... until I have that confirmation I'm not going to bolster rumors.

Instead, let me tell you about a call I had with two local radio personalities. They were hoping that some day employees would be able to buy their own health insurance policies and find a way for employers to assist in that pursuit.

I called the station and told them that it already exists! It is called the HRA. (Health Reimbursement Arrangement) I then made the analogy that it is like reimbursement of on the road sales people i.e. reimbursing for gas, parking, car wash, motel, entertainment etc. Unfortunately I was unable to complete the explanation probably because of the need for a break or for a more entertaining caller! The two gentlemen said such a thing wouldn't work. That's too bad because it already is! They felt it wouldn't work for a big company. Well before Obama took over GM I'd guess that one is pretty large. (Reference: Paul Pilser in his TV interview - see prior post for the link)

I'm going to email their station when I have a chance and upload that interview along with all the other support information. Perhaps, they will then inform business in their listening area about the HRA.

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