NFIB Testifies on Health Insurance Affordability Crisis Impacting Small Businesses

Marcie Strouse, a small business owner from Iowa and NFIB member, testified before the U.S. Senate HELP Committee addressing the health insurance affordability crisis for small businesses. Strouse highlighted the structural challenges in the health insurance market, particularly the role of government regulations and industry intermediaries that limit employers' and employees' access to flexible and affordable health plans. She advocated for legislative reforms to increase choice and reduce costs for small business health coverage. The testimony aligns with the NFIB's February policy paper which warned about the unsustainability of employer-provided health insurance within the small-group market. The report outlines legislative priorities that could provide financial relief and improve coverage options for small businesses and their employees. The issue of health insurance affordability has consistently been the top concern for small business owners, as indicated by NFIB surveys where it has held the primary position since 1986. Given that a substantial portion of healthcare spending involves third-party intermediaries, Strouse and the NFIB call for reforms to allow more direct purchasing and customization of health plans. NFIB, with its long-standing history advocating for small businesses nationwide, underscores the impact of rising health insurance costs on business growth and workforce well-being. The organization seeks to influence policy changes to create a more favorable health benefits environment for small businesses and their employees.