Quote of the Day

“Presumably this [Sept. 13 notice issued by the Departments of Treasury and Labor] discourages employers from dropping coverage, sending employees to an exchange and offering to pay for some of the premiums through an HRA. There are some [consulting] groups out there that have been erroneously promoting this concept and telling employers that they can avoid [mandated coverage] penalties by doing this. This is just further clarification that it can’t be done.” — Roy Ramthun, president of HSA Consulting Services and a former health policy adviser to President George. W. Bush, told AIS’s Inside Health Insurance Exchanges.