Small Business Owners Frustrated with Biden Administration’s Health Care Rule: National Federation of Independent Business Calls for Reconsideration

The Biden Administration’s decision to implement the final health care rule on short-term health plans has left small businesses feeling frustrated and disappointed. The National Federation of Independent Business (NFIB), which represents the interests of small employers, has been vocal in its opposition to the rule, which restricts small employers’ ability to choose health coverage for themselves and their employees.

Jeff Brabant, NFIB Vice President of Federal Government Relations, expressed his disappointment with the rule, stating that it hinders small business owners in their quest for affordable, flexible, and predictable health care options. He emphasized that the rule adds complexity and red tape to their operations, making it harder for them to provide for their employees’ health needs.

NFIB members have long identified rising costs of health insurance as a major concern. A recent survey found that 56% of small employers currently offer health insurance, with cost being the primary reason cited by 65% of those who do not offer coverage. Concerns about sustainability of health insurance costs in the next five to ten years are shared by 98% of small employers.

In light of these challenges, NFIB urges the administration to reconsider the rule and allow small employers flexibility they need to provide affordable health care options for their employees. By doing so, we can support small businesses and ensure they remain competitive while providing essential benefits to their employees.