- CHOICE Arrangements (formerly ICHRAs) allow employees to choose individual health plans that best meet their needs, providing flexibility and potentially lowering costs through more tailored coverage. They also reduce administrative burdens on employers. The CHOICE Act (H.R. 5463/S. 2875) would codify and expand CHOICE arrangements, simplify their administration, and allow self-employed business owners to access tax-favored health reimbursement arrangements.
- AHPs are one option for small businesses to offer more affordable insurance to employees. AHPs allow small businesses to pool resources and leverage purchasing power like larger groups. The Association Health Plan Act (H.R. 2528/S. 1847) will expand small businesses’ ability to participate in AHPs and improve existing regulations to allow industry and non-industry-based small businesses, including self-employed individuals, to establish an AHP.
- Expanding Health Savings Account(HAS) access. Currently, HSAs cannot be used to pay for small group health insurance premiums, limiting their usefulness for small employers and their workers. With insurance premiums skyrocketing, allowing them to be paid by an HSA would give small businesses greater flexibility to design benefits that fit their workforce and budget.
- Allow health insurance products, like Short-Term, Limited-Duration Insurance (STLDI) plans, to be available for extended time periods. STLDI plans offer catastrophic-type coverage to individuals. These plans have broader provider networks and are much less costly than a traditional small group plan. The COMPETE Act (S. 3418) would amend the Public Health Service Act to extend the maximum duration of STLDI and include a renewal guarantee provision that allows consumers to purchase STLDI plans for an extended period. Stop-Loss Insurance
Healthcare
Healthcare
Affordable. Flexible. Predictable. Healthcare that works for small business
Expand Health Care Options
Your Chance to Influence
PBM Reform
Tell Congress to Reform PBMs! Contact your elected officials to reform the PBM industry.
Take Action
Featured
Small Business Health Insurance Survey
Health insurance has long been a challenge for small business owners, wheth…
View PDF
House Budget Health Care Task Force Response
NFIB Submits Response to House Budget Health Care Task Force request for in…
View PDF
H.R 5378, the Lower Costs, More Transparency Act
NFIB Key Votes in support of H.R 5378, the Lower Costs, More Transparency A…
View PDF
The Healthcare Transparency Act
NFIB Supports Key Committee’s Legislation – The Healthcare Transparency…
View PDF
