Industry News

Realtor trade group pushes healthcare bill

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

The National Association of Realtors is lobbying for Senate passage of healthcare legislation that seeks to expand the access to healthcare by self-employed workers and small businesses. The legislation, dubbed the Health Insurance Marketplace Modernization and Affordability Act (S. 1955), was introduced by Sens. Mike Enzi, R-Wyo., Ben Nelson, D-Neb., and Conrad Burns, R-Mont. A similar bill, the Small Business Health Fairness Act (H.R. 525), was approved by the House early in 2005. The Senate version has advanced from the Senate Health, Education, Labor and Pensions Committee. "The legislation would allow the self-employed and small businesses to band together through a trade or professional association to negotiate lower health insurance costs for participants. Small-business health plans would be allowed to provide group health insurance to a sponsoring trade association's members, regardless of where the member lives, just as large corporate and union health plans currently are ab...