Navigation Links
Nearly 30 Percent of Realtors(R) Lack Health Insurance

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 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:
(Date:6/25/2016)... Beach, CA (PRWEB) , ... June 25, 2016 , ... ... UCLA with Magna Cum Laude and his M.D from the David Geffen School of ... Diego and returned to Los Angeles to complete his fellowship in hematology/oncology at the ...
(Date:6/24/2016)... Angeles, CA (PRWEB) , ... June 24, 2016 , ... ... surgery procedures that most people are unfamiliar with. The article goes on to state ... procedures, but also many of these less common operations such as calf and cheek ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Sessions in Dallas that it will receive two significant new grants to support ... as PHA marked its 25th anniversary by recognizing patients, medical professionals and scientists ...
(Date:6/24/2016)... ... , ... Topical BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ‘Business ... to $12 an hour by 2020 and then adjusting it yearly to increase at the ... minimum wage, assure the wage floor does not erode again, and make future increases more ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Investment Group (TGIG), has initiated cultivation and processing operations at its production facility, ... Pahrump, Nevada. , Puradigm is the manufacturer of a complete system of proactive ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Bracket , a ... its next generation clinical outcomes platform, Bracket eCOA (SM) ... on June 26 – 30, 2016 in Philadelphia ... electronic Clinical Outcome Assessment product of its kind to fully ... Bracket eCOA 6.0 is a flexible platform for ...
(Date:6/23/2016)... Ill. and INDIANAPOLIS , ... students receiving a Lilly Diabetes Tomorrow,s Leaders Scholarship is ... 2016 scholarship winners, announced today online at ... let type 1 diabetes stand in the way of ... has supported the Foundation,s scholarship program since 2012, and ...
(Date:6/23/2016)... , June 23, 2016 ... Oticon , industry leaders in advanced ... launch of Oticon Opn ™, the world,s first ... of possibilities for IoT devices.      (Photo: ... Oticon introduces a number of ,world firsts,: ...
Breaking Medicine Technology: