Industry NewsNews Brief

NAR wants Trump’s association health plans to cover agents

For now, executive health care order excludes independent contractors

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After two failed attempts to pass health care reform through Congress, on Thursday President Trump signed an executive health care order in effort "to provide millions of Americans with Obamacare relief." The details of how the order will change the Affordable Care Act (a.k.a. Obamacare), which remains intact at this time, is still unclear. Here's what we do know: It ends scheduled payments of government subsidies to insurance companies that currently make deductibles more affordable for low-income customers, and a main component asks the Labor Department to write rules that would allow small businesses to more easily band together through trade and professional associations to purchase health insurance for themselves and their employees, specifically relying on what's known as association health plans (AHPs). "This will allow thousands of small business employers to have the same purchasing power as large employers to get more affordable and generous insurance options for the...