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:1/21/2017)... Raton, FL (PRWEB) , ... January 21, 2017 , ... ... Germany, announced it is bringing its product to the United States as part of ... over the last 25 years, Alcovit aims to reduce the productions of nasty toxins ...
(Date:1/21/2017)... ... January 21, 2017 , ... Northern California Medical Associates (NCMA) ... their multi-specialty medical group. The dermatology practice provides general dermatologic treatment, outpatient surgery, ... add this excellent dermatology practice to our group’s medical services,” explains NCMA CEO, ...
(Date:1/20/2017)... ... , ... A new partnership between Goodwill® and Roadie, Inc. aims to make ... clothes to couches to dressers and bicycles. Roadie — the national on-the-way delivery network ... donation center through February 28th. , “January is an exciting time when resolutions ...
(Date:1/20/2017)... ... ... Lice Troopers, the lice removal company based in South Florida, has seen ... season. , “It happens every year around this time,” says owner, Arie Harel. ... is the head-to-head gateway that lice need to spread.” , As children return to ...
(Date:1/20/2017)... ... January 20, 2017 , ... Vitamin Well has launched two ... drinks have been produced in collaboration with Zlatan Ibrahimovic and have been developed ... After a successful launch in Sweden last year, the next generation sports drinks ...
Breaking Medicine News(10 mins):
(Date:1/20/2017)... -- Research and Markets has announced the addition ... Future" report to their offering. ... This research service on the global pharmaceutical ... provides a snapshot of the key participants in the market. ... from 2016 to 2020. The market is expected to grow at ...
(Date:1/20/2017)... Avillion LLP, a co-developer and financier of late-stage pharmaceutical product candidates, ... Chief Medical Officer. Dr Weinberg will be based in ... ... 17 years as a pharmaceutical and biotech executive with experience ranging ... of his career, he has interfaced with the US Food & ...
(Date:1/19/2017)... -- The Global Therapy Partnering Terms and Agreements since ... and agreements entered into by the world,s leading healthcare ... deals by value - Deals listed by company A-Z, ... report provides understanding and access to the partnering deals ... companies. The report provides an analysis of partnering ...
Breaking Medicine Technology: