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

The National Federation of Independent Business (NFIB) is disappointed in the final health care rule on short-term health plans, which limits small businesses’ access to flexible, low-cost coverage. NFIB had previously submitted comments opposing the rule, which restricts small employers’ ability to choose health coverage for themselves and their employees.

Jeff Brabant, NFIB Vice President of Federal Government Relations, expressed 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. NFIB is calling on the administration to withdraw the rule to better support small businesses.

NFIB members 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.