WASHINGTON – Congressman Tom Rice (R-S.C.) released the following statement after the U.S. Department of Labor announced its final rule on Association Health Plans, which will expand affordable health coverage options for small business owners and working Americans.
“Since coming to Congress, I’ve sought solutions to Obamacare’s failures that have hurt small businesses and families across the country. Yesterday, the Department of Labor published a final rule expanding access to Association Health Plans, which will make it easier for small businesses to provide their employees with healthcare and expand affordable coverage for families who want to purchase health insurance through their employer. I applaud the Administration’s action to level the playing field for small businesses and help working Americans and their families access quality, affordable health care options.”
- Association Health Plans (AHPs), under the Department of Labor's rule, are group health plans that employer groups and associations offer to provide health coverage for employees.
- The CBO estimates that millions of people will switch their coverage to more affordable and more flexible AHP plans and save thousands of dollars in premiums. CBO also estimates that 400,000 previously uninsured people will gain coverage under AHPs.