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Committee hears support for tax credit to expand small‑employer health options (ICRAs)
Summary
House Bill 133, proposing a nonrefundable tax credit for small employers that offer individual coverage health reimbursement arrangements (ICRAs), drew multiple proponent witnesses at the House Ways and Means Committee second hearing.
House Bill 133, proposing a nonrefundable tax credit for small employers that offer individual coverage health reimbursement arrangements (ICRAs), drew multiple proponent witnesses at the House Ways and Means Committee second hearing.
Kathy Grayson of Oscar Health described the model and the bill’s goals, telling lawmakers the bill would "create the opportunity for this product to be discussed more widely" and citing data from her written testimony that only 23% of Ohio businesses with fewer than 10 employees offer insurance…
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