This bill requires the Administrator of the Small Business Administration (SBA) to give small businesses information about individual coverage health reimbursement arrangements (ICHRAs). The SBA must share information created by federal agencies through small business development centers and SBA district offices. The SBA must also include the information in its outreach and communications, such as social media, press releases, and the SBA website. The bill says the term "appropriate Federal agency" is set by the SBA Administrator and lists the Department of the Treasury, the Department of Health and Human Services, and the Department of Labor as examples. It uses the regulatory definition of ICHRA from the June 20, 2019 Federal Register rule. The bill also refers to existing definitions for "small business concern" and "small business development center" in the Small Business Act.
If you run a small business, this bill would mean the SBA is required to make information about individual coverage health reimbursement arrangements available to you through local small business development centers, SBA district offices, and SBA communications channels. If you work at a small business development center or SBA district office, you may receive and share materials the SBA distributes about ICHRAs.
The bill directs the SBA to disseminate information but does not include any appropriations or a cost estimate in the text provided. No publicly available information on estimated costs or funding is included in the bill text or metadata supplied.
No publicly available information.
No publicly available information.