small group market

Guest Post: Don't Weaken Oversight of Health Insurance Rate Hikes

From Sharon Ward, Director of the Pennsylvania Budget and Policy Center. Posted by our friends at ThirdandState.org:

Many states have taken steps to ensure that there is a meaningful review of proposed health insurance rate increases for small businesses and individuals.

PA House to vote on rate protection for small business

Health insurance rate protections enjoyed by employers in 48 other states are moving through the Pennsylvania House of Representatives. House Bill 746, authored by Rep. Tony DeLuca (Allegheny County), is expected to be brought to the House floor for final passage soon.

Small Market Insurance Reform

Rate Reform and the Small Group Health Insurance Market

The important role of small business:

  • Small businesses are central to Pennsylvania’s economy – accounting for 50 percent of the state’s private-sector employment.
  • Most small business owners want to offer quality, affordable health insurance to their employees and believe “it’s the right thing to do.” That’s because health insurance improves recruitment, retention, employee health and productivity, and employee attitude.

The chaotic small group insurance market:

House to consider rate reform for small employers

When it returns to Harrisburg in June, the PA House of Representatives plans to give top priorioty to a bill that would bring greater stability and predictability to the chaotic small group health insurance market.

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