For once there is some good news for small employers when it comes to the topic of group health insurance. President Trump has authorized changes in federal rules and regulations regarding Association Health Plans.
Small businesses have often been the hardest hit by health care reform. Many individuals receive Advanced Premium Tax Credits (APTC) by purchasing on the state exchanges, but small employers and their employees receive little in the way of help when it comes to providing for their workers' group health insurance. So a new announcement regarding Association Health Plans is a welcome opportunity.
On June 19th, the President signed an Executive Order titled "Promoting Healthcare Choice and Competition Across the United States," authorizing new rules for Association Health Plans.
Here are some of the highlights of the new rules according to the U.S. Department of Labor's website:
Additionally, the new rules provide important safeguards, including:
Elevate Insurance is pleased to learn of the new Association Health Plan options and will continue to work with the Nevada and Idaho Departments of Insurance and licensed group health insurance carriers 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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