A proposed federal rule clears away a hurdle to the creation
of association health plans for real estate professionals, though other hurdles remain.
Officials have proposed rules that would expand short - term health plans to last from 3 months to almost a year and allow small employers to band together to
offer association health plans.
WASHINGTON (March 20, 2018)-- The National Association of Realtors ® offered its support today for expanded
association health plans in testimony before the U.S. House Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions.
But Mila Kofman, a former insurance superintendent in Maine who has done extensive research
on association health plans, said they also often falsely claimed to be exempt from state insurance laws, as a way to explain how they could offer premiums lower than those charged by licensed insurance companies.
The Department of Labor's
association health plan rule is a good step but eligible «working owners» should include people who get insurance through their spouse.
Under the BCRA,
new association health plan options would be available to small employers and to the self - employed in certain states.
An HRA is different
from association health plans and short - term health insurance, which are (sort of / not really) alternatives to comprehensive health coverage.
And unlike
with association health plans or short - term health plans, we haven't seen any moves from the Trump administration to make them more available.
NAR testified in support of expanded
association health plans before the U.S. House Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions.
Also covered:
Association health plans get a boost, another federal shutdown could affect real estate, what NAR's reorganization means to you, and home sales at the end of 2017.
Under this plan, self - employed individuals would be allowed to participate in
association health plans potentially making healthcare more attainable and affordable for Realtors ®.
The letter thanks the Senators for focusing attention on possible solutions, such as the Department of Labor's notice of proposed rulemaking
on Association Health Plans (AHPs) that addresses the health care needs of the self - employed and offers suggestions to maximize participation in AHPs.
March 19, 2018: The Department of Labor's
association health plan rule is a good step but eligible «working owners» should include people who get insurance through their spouse, NAR says.
Additionally, NAR came offered its support for expanded
association health plans in testimony before the U.S. House Education and the Workforce Subcommittee on Health, Employment, Labor, and Pensions.
«Moreover, we remain concerned about other regulations being put in place — including
expanded association health plans and short - term limited duration plans — will also push up premiums and create affordability problems for millions of Americans purchasing coverage in the individual health insurance market,» Donaldson said.
The proposal is important because it could open the door to
association health plans for real estate professionals in the future — although there is still a lot to be worked out before that becomes possible.
Carriers will soon have to figure out their 2019 rates, and Corlette said two main issues will influence pricing for next year: the repeal of the individual mandate tax penalty and the rules allowing the sale of short - term health plans and
association health plans that would be exempt from many of the ACA's requirements.
And it doesn't really have market - based solutions like tort reform, interstate competition and
association health plans.»
These new rules would make technical changes to «
association health plans» — a fixation for Republican lawmakers seeking alternatives to the ACA — that would allow more companies and self - employed individuals to join them.
Trump is also expanding access to
association health plans.
Association health plans could fulfill his prophecy.
The main plank of the order expands access to
association health plans.
Updated Jan. 5, 2018: The Trump administration pushed ahead with efforts to expand access to
association health plans this week, formally proposing new rules requested via an executive order President Donald Trump signed in October.
The move was made the same day Trump signed an executive order meant to expand access to
association health plans.
I'm going to focus more on short - term health plans than
association health plans because they're widely available (association health plans are offered through work).
Trump asked for expanded access to three things:
association health plans, short - term health insurance and health reimbursement arrangements.
In response to critics, the Trump administration said that its proposal included some protections for consumers: «Small business health plans (
association health plans) can not charge individuals higher premiums based on health factors or refuse to admit employees to a plan because of health factors,» such as a physical or mental illness, disability, claims history or genetic information.
If you work for a small business, your employer might eventually switch to
an association health plan.
Again, as with the premium increases that would be caused by expanded short - term plans and
association health plans, people who get premium subsidies will be insulated from the rate hikes (via larger premium subsidies), while those who aren't eligible for subsidies will be subject to increasingly unaffordable coverage options.
In addition, the Labor Department said Thursday,
association health plans could give small businesses relief from some state insurance rules that restrict «product offerings and pricing.»
Under the rules,
association health plans could buy commercial insurance or serve as their own insurers, paying claims directly from the plan's assets.
But history shows the risks of an expansion of
association health plans.
With expanded access to
association health plans, proposed by the Trump Administration in early 2018, small groups and self - employed individuals could obtain coverage under large group rules, which are much more relaxed than small group and individual market rules in terms of complying with the ACA.
Trump's executive order calls for «expanding access» to
association health plans (AHPs), in order to allow small businesses to join together and obtain large group coverage (purchased from an insurer or self - insured), rather than having each business purchase its own small group plan.