Supporters of congressional legislation that would let small businesses band together to demand lower prices on health insurance say the plan would lower policy prices 10 percent to 15 percent.
The proposal, which passed the U.S. House of Representatives last month and is pending in the Senate, would allow small companies to form "association health plans" that would be regulated by federal rather than state officials. The plan, sponsored by Republican Sen. Jim Talent of Missouri, is designed to reverse a trend that shows most uninsured workers in the country are employed by small companies.
Most small-business owners don't offer health insurance and cite costs as the top reason, according to a survey last year by the 600,000-member National Federation of Independent Business.
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