Health Insurance Reform - Realtor Impact
For years the National Association of REALTORS® has worked with Congress to address the growing need for reforms to our nation’s health insurance system. As independent contractors and small business owners, REALTORS® know first-hand the rising cost of insurance coverage and the difficulty in obtaining it. In fact, member surveys show that 28% of REALTORS® are currently uninsured, with many more underinsured. The health reform legislation that passed the US House of Representatives on Sunday, March 21, 2010 would make major changes to many aspects of our health care system.
America’s health care system is incredibly complicated and complex. Thus, so are many of the changes in the bill the House has passed. NAR did not support or oppose the legislation that was passed in the House. Instead we chose to work with Members of Congress from both sides of the aisle to address as many concerns of our members as possible while also guarding against real estate tax provisions being used as a major way to pay for some of these changes.
Attached is an article where you will find links to a number of documents to help explain how these new changes will affect you and your business. We will continue to update these documents as Congress makes further changes.