President Obama Signs 21st Century Cures Act into Law

On December 13, 2016, President Obama signed the 21st Century Cures Act (H.R. 6) into law. The law allows certain small businesses to use qualified small business health reimbursement accounts (HRAs) without Affordable Care Act (ACA) related penalties. Certain limits to the accounts would apply, including an annual cap of $4,950 per year ($10,000 for families).

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