President Donald Trump authorized some development in federal rules and regulations specifically in Association Health Plans (AHPs). This is good news to the small-scale business owners because for once, the government took into consideration the importance of group health insurance.
Many individuals have received Advanced Premium Tax Credits (APTC) by purchasing on the state exchanges, but the small employers received insufficient compensation with regard to providing for the group health insurance needs for their workers. That’s why these small businesses had been hit the hardest by the health care reform. Fortunately, the approval of group health insurance is a great opportunity for small employers.
On October 12, 2017, Pres. Donald Trump signed an Executive Order titled "Promoting Healthcare Choice and Competition Across the United States." This order sets new rules for Association Health Plans (AHPs).
According to the U.S. Department of Labor, the new rules indicate the following:
Association Health Plans (AHPs), under the Department of Labor's rule, are group health plans that employer groups and associations offer to provide health coverage for employees.
Additionally, the newly approved rules provide important precautions, including:
Elevate Insurance is striving to learn about the latest Association Health Plan options and will strive to continue working with the Nevada and Idaho departments of insurance and licensed group health insurance carriers. We are working to to develop and market these plans for eligible employers and their employees through chambers of commerce, trade associations, and similar organizations.
Elevate Insurance currently has offices in Las Vegas, Nevada and Idaho Falls, Idaho. We proudly serve all of Nevada and Idaho focusing in the cities of Henderson, Las Vegas, and North Las Vegas, Nevada; and in Ammon, Blackfoot, Idaho Falls, Meridian and Rigby, Idaho.
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