Small Businesses Frustrated by Biden Administration’s Health Care Rule: Call for Flexibility in Providing Affordable Coverage

Health Care Regulation is a Challenge for Small Businesses Across the Country

The Biden Administration’s decision to implement the final health care rule on short-term health plans has left small businesses feeling frustrated. The rule restricts small employers’ ability to choose affordable and flexible health coverage for themselves and their employees, hindering their operations.

The National Federation of Independent Business (NFIB) has long identified rising healthcare costs as a significant concern for its members. A recent survey found that 65% of small employers do not offer coverage due to cost concerns, while 98% share concerns about sustainability in the next five to ten years. NFIB members are urging the administration to reconsider the rule and provide flexibility for small businesses in providing affordable healthcare options for their employees.

Jeff Brabant, NFIB Vice President of Federal Government Relations, expressed his disappointment with the new rule and emphasized its negative impact on small businesses. He stated that it adds complexity and red tape to their operations, making it harder for them to compete with larger companies that can offer more comprehensive coverage at lower costs. Brabant urged the administration to withdraw the rule, stating that it would better support small businesses in providing affordable healthcare options for their employees.

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