Navigation Links
Nearly 30 Percent of Realtors(R) Lack Health Insurance
Date:10/25/2007

WASHINGTON, Oct. 25 /PRNewswire-USNewswire/ -- The National Association of Realtors testified at the Senate Finance Committee hearing today that the current individual health insurance market does not serve the needs of its self-employed members. Nearly 30 percent of NAR members lack health insurance, and cost is the primary reason - 84 percent of Realtors who do not have coverage say they can't afford it.

"We believe that tax incentives for the self-employed and for small employers, coupled with mechanisms that would create insurance coverage gateways and/or additional pooling mechanisms, would create a far more rational and effective system than current law," said Monty Newman, a Realtor from New Mexico, Mayor of Hobbs, N.M. and member of the NAR Board of Directors. "An overwhelming majority of NAR members are self-employed, which explains why nearly 30 percent are without insurance."

NAR proposed that the self-employed be allowed to "pool risk," much as large group plans currently do. "Enhanced risk-pooling opportunities in the individual market would facilitate greater market efficiency and enhanced economies of scale resulting in more affordable insurance products," said Newman.

NAR also suggested that an official, reliable and regulated information source be developed to facilitate insurance market access for the self-employed. "We do not seek a federal insurance system, nor do we seek new entitlements. We believe that a combination of public and private ventures should be developed, preferably at the state or regional level, to make information available and comparisons possible," Newman said.

NAR encouraged Congress to review the issue of essential coverage or mandates. Newman noted the fundamental reality that "more guarantees generate more costs to the consumers." NAR suggested Congress establish guidelines that would distinguish categories of coverage from essential to preventive to the "Rolls Royce" with top-of-the-line options.

NAR said that tax incentives are useful and important, but they must be accompanied by significant reforms to the individual and small group health insurance markets.

The National Association of Realtors, "The Voice for Real Estate," is America's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at http://www.realtors.org. This and other news releases are posted on the Web site's "News media" section in the NAR Media Center.

REALTOR(R) is a registered collective membership mark which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS and subscribe to its strict Code of Ethics. Not all real estate agents are REALTORS. All REALTORS are members of NAR.


'/>"/>
SOURCE National Association of Realtors
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Cancer drugs in development nearly doubled since 1995
2. Nearly all asthma deaths preventable
3. Rubella nearly wiped out
4. Stroke Destroys Nearly 32, 000 Neurons In Just A Second!
5. Nearly 15% Of U.S. Workers Work Under The Influence Of Alcohol
6. Nearly 75 dead in India Due To Malaria and 300,000 sick
7. Vitamin D May Cut Pancreatic Cancer Risk by Nearly Half
8. Malaria Grips Jamaica, Nearly 160 Affected
9. Delhis Morbidity Rate Nearly One-sixth of National Average
10. Nearly Half of Indian Children Below Three Underweight
11. Nearly 2,500 Mentally Ill Women in Delhi are Destitute: Abdul Kalam
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... ... March 24, 2017 , ... Empower Brokerage, ... their training and leads programs. , In February, 2017, Empower Brokerage introduced their ... Performance Partners is designed to teach how to maximize their sales efforts, as ...
(Date:3/24/2017)... ... March 24, 2017 , ... “Finding Christ Through Social Media: ... journal chronicling the writer’s path toward true communion with God. “Finding Christ Through ... is the creation of published author Lea Michelle Johnson, a follower of Christ, ...
(Date:3/24/2017)... (PRWEB) , ... March 24, 2017 , ... “Vintage and ... a retired minister and college Bible teacher residing in North Carolina with his wife, ... who have blessed them with six grandchildren. David is also the author of “Shadow ...
(Date:3/24/2017)... ... ... “The Adventures of Joey, The Dog Who Barks at Puddles”: a boisterous story ... fullest, as God intended. “The Adventures of Joey, The Dog Who Barks at Puddles” ... passion for writing, especially about truth and human behavior. , Published by Christian Faith ...
(Date:3/23/2017)... ... ... A recent report from the National Council on Teacher Quality (NCTQ) advocates for ... on a review of GPA and SAT/ACT requirements at 221 institutions in 25 states, ... that this higher bar should be set by states, by the Council for the ...
Breaking Medicine News(10 mins):
(Date:3/23/2017)... , Mar 23, 2017 Research and ... Analysis & Trends - Industry Forecast to 2025" report to ... ... of around 6.9% over the next decade to reach approximately $3.5 ... estimates and forecasts for all the given segments on global as ...
(Date:3/23/2017)... , March 23, 2017 The ... ageing population, increasing diabetic population, accelerating economic growth and increasing ... this industry are higher life expectancy of ESRD patients, rising ... emerging markets. However, the expansion of the market is hindered ... ...
(Date:3/23/2017)... , March 23, 2017  Transportation Insight, a multi-modal ... end-to-end supply chain management firm with expertise serving clients ... Solutions Rick Zaffarano was named a 2017 ... Supply Chain by the only publication exclusively dedicated to ... supply chain. "Rick has brought to Transportation ...
Breaking Medicine Technology: