Having taken its challenge to Obamacare all the way to the U.S. Supreme Court, NFIB is pushing five commonsense solutions to replace the failed healthcare law.
On NFIB's Top 5, host Amanda Austin discusses proposals to bring down healthcare costs for small businesses and encourage entrepreneurship:
- Give small businesses owners tax equality by enabling the self-employed to fully deduct the cost of health insurance purchased on the individual market;
- Create a new defined contribution option that would let business owners contribute a simple, pre-tax dollar amount to employees, who could then choose their own health plan;
- Allow small business owners to pool across state lines and purchase insurance in any market they choose;
- Healthcare portability would encourage new entrepreneurs who now hesitate to start a business because of fear of losing the health coverage provided at their existing jobs.
- Passing medical liability reform to reduce the burden from frivolous lawsuits that drive up healthcare costs.
"We are ready to work with Congress to pass and sign into law these and many other market-based policies that actually help small business with high health insurance costs," Austin said.
Find out more about NFIB's proposals to reform healthcare at nfib.com/solutions.
On NFIB's Top 5 web series, Amanda Austin and Kate Bonner put government policy under the microscope to show its effects on small business, the engine that drives the U.S. economy.
NFIB is the nation’s leading small business association, with offices in Washington, D.C., and all 50 state capitals. Founded in 1943 as a nonprofit, nonpartisan organization, NFIB gives small and independent business owners a voice in shaping the public policy issues that affect their business. NFIB’s powerful network of grassroots activists send their views directly to state and federal lawmakers through a unique member-only ballot, thus playing a critical role in supporting America’s free enterprise system. NFIB’s mission is to promote and protect the right of members to own, operate and grow their businesses. For more information visit NFIB online.