CONTACT: Kendall L. Buck, CAE
Executive Vice President
Home Builders & Remodelers Association of New Hampshire
The Housing Center
119 Airport Road
Concord, NH 03301
CONCORD, NH, May 2, 2006- The Home Builders and Remodelers Association of New Hampshire (HBRANH) today announced their support for S.1955, "Health Insurance Marketplace Modernization Act".
The measure, which contains several provisions to address the crisis of the uninsured -- including association-sponsored health plans (called "small business health plans" in this version of the legislation) -- is similar to legislation passed by the House of Representatives in 2005. S.1955 would let small-business owners band together across state lines and purchase insurance policies directly from established industry and business groups.
HBRANH Executive Vice President, Kendall Buck, commended Senators for working on this important legislation that has passed several times in the House of Representatives but has been held back by concerns in the Senate over the past few years.
“S.1955 will provide much-needed choice into the small-group health-care industry. We hope that the marketplace changes championed by the Senate legislation will ultimately provide small businesses with more choices, better access and more stability in health insurance plans," said Buck, who noted that the affordability and availability of health insurance remains one of the most critical issues facing the members of the HBRANH.
“With the help of a diverse group of senators and business groups representing small business, we've bridged the gap between small business proponents of traditional AHPs and state-based interests worried about the prospects of dramatic regulatory changes in health insurance markets,” Buck stated. “We applaud the hard work of members of New Hampshire’s congressional delegation, such as Congressman Jeb Bradley, who have been champions of this small business issue for a long time.”
U. S. Senate Health, Education, Labor and Pensions (HELP) Committee Chairman Mike Enzi (R-Wyo.) recently introduced S. 1955, the "Health Insurance Marketplace Modernization Act," and the bill was approved by the panel on March 15 by a vote of 11-9.
The HBRANH urges our two Senators to vote for this common sense legislation that will help many small businesses in New Hampshire.