Statement from NAHB Chairman Greg Ugalde on Expanded Use of Health Reimbursement Arrangements

June 14, 2019

Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement after attending today's White House event announcing a final rule on health reimbursement arrangements:

"NAHB commends President Trump for taking steps to reduce health care costs for businesses and workers alike by promoting the increased use of health reimbursement arrangements (HRAs). With health care costs soaring, HRAs are important tools that allow home builders and other small businesses to help their workers defray the high cost of insurance premiums and other out-of-pocket medical expenses. Expanding the availability and permitted use of HRAs through issuance of this final regulation will help bring choice and affordability to the health care marketplace."