News Headlines Article

San Francisco health fund loophole is targeted
San Francisco Examiner

Workers in San Francisco could have more money for medical bills under a proposal to close a loophole in The City’s landmark health care program, but the plan is drawing criticism from business leaders.

The effort to close the loophole was revived Tuesday by Supervisor David Campos. Earlier this year, a study found that $50.1 million, or 80 percent, of money employers set aside in health reimbursement accounts in 2010 was not used by workers and went back to the companies.