The National Association of REALTORS® offered its support for expanded association health plans in testimony before the U.S. House Education and the Workforce Subcommittee on Health, Employment, Labor, and Pensions.
At the hearing about affordable health care options and the Department of Labor’s recently proposed AHP rule, NAR spoke in favor of DOL’s proposal to enable self-employed individuals to participate in association health plans.
NAR recently submitted comments on the proposed rule, which clarifies the definition of “employer” to include “working owners,” or sole proprietors, independent contractors, and self-employed individuals with no employees. The rule proposes to expand health insurance options available to those individuals, which includes real estate professionals – the majority of whom are independent contractors and typically do not have access to employer-provided health insurance coverage.
The rule opens the door to potentially allowing associations, including NAR, to offer health insurance coverage to its members through the large group insurance market, which usually offers more coverage options at lower costs than the individual insurance market.
Click here for additional information on NAR’s health insurance advocacy efforts.