Assembly Republicans making changes to association self-insurance bill
The original bill, which was introduced less than two weeks ago, would have exempted associations that self-insure from state insurance regulations, raising concerns that it would draw healthy people into low-cost, low-coverage plans, destabilizing the individual market created under the Affordable Care Act.
Small businesses are currently allowed to come together to purchase health insurance. Supporters of the bill hope that by allowing small businesses to self-insure through associations they will be able to lower overhead costs.
Assembly Speaker
The Assembly is poised to pass the bill before the
Vos said
"We want to be ready to go as quickly as we can," Vos said.
Vos tied the urgency in passing the bill to the failure of the federal government to repeal the ACA, also known as Obamacare.
"Obamacare is not fixed," Vos said. "It is not getting better in (
The Assembly is also poised to take up a bill championed by Gov.
The program would pay 80 percent of claims between
The premiums went up an average of 36 percent this year, compared with less than 5 percent for people who get insurance through employers, he said. For the vast majority of people on Obamacare, federal subsidies mask the premium increases.
The program is expected to cost
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