Bill of Health?
New legislation may cure your health insurance pains.
The senate may finally be ready to provide what many entrepreneurs believe will be an Rx for their health insurance woes. As has happened in Congresses since 1996, the House will undoubtedly pass legislation allowing small businesses to join trade associations called Association Health Plans. AHPs would purchase the kinds of group health plans only big businesses can buy now. The House Education and Workforce Committee took the first step in March when it passed the Small Business Health Fairness Act (H.R. 525/S.406).
In past years, similar bills have passed the House, only to languish in the Senate Health, Education, Labor and Pensions Committee. But this year, the committee has a new chair, Sen. Mike Enzi (R-WY), who appears more receptive to the bill, and a number of first-year GOP senators are co-sponsoring the bill with Olympia Snowe (R-ME), increasing its chances. Democratic support is still sparse.
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