The National Federation of Independent Business (NFIB) is disappointed with 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, expressed his disappointment with the Biden Administration’s decision to implement this rule. He emphasized that the rule hinders small business owners in their quest for affordable, flexible, and predictable health care options, adding complexity and red tape to their operations.
Small employers have long struggled with the rising cost of health insurance. In a recent survey, 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.
NFIB members have long identified the rising cost of health insurance as a major concern. 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, we can ensure that small businesses can continue to compete and thrive in today’s challenging economic environment.
