The National Federation of Independent Business (NFIB) has expressed disappointment in the final health care rule on short-term health plans, which limits small businesses’ access to flexible, low-cost coverage. NFIB Vice President of Federal Government Relations, Jeff Brabant, emphasized that the rule hinders small business owners in their quest for affordable, flexible, and predictable health care options. He added that the rule adds complexity and red tape to their operations.
Small employers have long identified the rising cost of health insurance as a major concern. A recent survey found that 56% of small employers currently offer health insurance, with cost being the primary reason – cited by 65% of those who do not offer coverage. Concerns about the sustainability of health insurance costs in the next five to ten years are shared by 98% of small employers.
In light of these challenges, NFIB urges the administration to reconsider the rule and allow small employers the flexibility they need to provide affordable health care options for their employees. By doing so, it will help them compete with larger companies and provide better benefits for their employees while also reducing costs for both businesses and individuals.
