S.2875

CHOICE Act provides tax credit for employers offering custom health option and individual care expense arrangements to employees.

The CHOICE Act amends the Internal Revenue Code to introduce a tax credit for employers who offer custom health option and individual care expense arrangements to their employees. This arrangement allows employers to provide a fixed dollar amount for medical care reimbursements, subject to certain conditions. Eligible employers can claim a credit for each employee enrolled in the arrangement during the first two years. The credit amount is calculated based on the number of months the employee is enrolled.