White House Proposes to Reverse Trump-Era Rule Expanding Health Insurance Options for Small Businesses and Self-Employed Individuals

In December 2023, the White House proposed a final rule that aims to revoke a 2018 Trump-era rule that expanded the definition of “employer”. This expansion allowed self-employed individuals and more small employers to come together and pool their resources to purchase health insurance. The proposed rule, known as 1210-AC16, was approved on April 22 by the White House Office of Management and Budget. It is expected to be officially released in the near future by the Department of Labor. The final rule is seen as a more affordable option for small businesses and self-employed individuals compared to traditional employer-sponsored plans.