Andrea LaRew’s employer doesn’t offer a traditional health plan, but it does provide $100 a month to pay for a plan she purchases on her own. That money comes under an individual coverage health reimbursement arrangement, established through a rule issued by the Trump administration last year. The $100 is not taxable.
Provided
Until October, Andrea LaRew was paying $950 a month for health insurance through her job at the Northwest Douglas County Chamber & Economic Development Corp. near Denver.
Her company didn’t contribute anything toward the premium. And LaRew and her husband had a steep $13,000 deductible for the plan.
But the coverage and the premium cost were in line with other plans available to the company since options for such a small work group weren’t plentiful — only LaRew and another employee wanted to enroll.