Even though small businesses that employ less than 50 workers are not mandated to provide health insurance under the Affordable Care Act, they are still facing added burden during implementation of the law.
This was the message that NAHB sent to lawmakers in written testimony presented to the House Small Business Committee during a Dec. 11 hearing examining the Administration’s implementation of the Small Business Health Options program known as the “SHOP exchange.”
The testimony cited several examples under the new law where builders were facing major increases in premiums and out-of-pocket expenses or forced to seek other forms of health coverage.
“Under the market reforms of the Affordable Care Act, individual policies face elimination,” the NAHB statement said. “Association health plans and other small group coverage may become a thing of the past, as employers are unlikely to continue offering coverage due to drastically rising premiums. It is apparent that the market reforms are intentionally steering employers who want to try and offer coverage toward the SHOP exchanges. Adding insult to injury, the Administration has continually delayed the implementation of the federal SHOP exchanges, making the transition to the market reforms all the more burdensome for the nation’s smallest job creators.”
Noting that the housing industry is still in the early stages of recovery and that implementing the Affordable Care Act is impeding meaningful growth, NAHB called on the Administration to “aggressively engage and assist our struggling small businesses to find workable solutions.”
For more information, email Suzanne Beall at NAHB or call her at 800-368-5242 x8407.