The Labor Department issued a final rule authorizing the expansion of association health plans over the objections of virtually everyone who weighed in on the proposal, including small businesses. Such broad opposition was with good reason.
Small Business News
But advocates worry that the move is a return to the bad old days before insurers had to adhere to standard regulations that protected consumers from paying insurance premiums, only to find coverage wasn't there when they needed it.
"The new rule will allow groups of businesses to band together to buy insurance across state lines, which will be bad for small firms and their employees because it will lead to higher premiums, unbalanced risk pools and lower-quality insurance," said John Arensmeyer, founder and CEO of
Even small business groups were disappointed with the final rule.
The Trump administration on Tuesday (June 19) finalized a highly anticipated rule expanding the ability of employers to band together to create association health plans (AHPs) that supporters say offers consumers more coverage choices and detractors worry will destabilize existing markets and put
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The elimination of the Medicaid expansion and federal financial assistance that helps people buy insurance in the individual market would have untoward impact “on the 20 million people with low to moderate incomes who would lose meaningful coverage, including 12 million people who get coverage th
John Arensmeyer, founder and CEO of Small Business Majority, said that if the current U.S.
The Trump administration’s efforts to destabilize the Affordable Care Act (ACA) will result in many of Maryland’s small businesses paying more for health insurance next year.
Re: “Trump administration won’t defend the ACA” (Mercurynews.com, June 7):
The Trump administration’s efforts to destabilize the Affordable Care Act will result in many of California’s small businesses paying more for health insurance next year.