Public Affairs Update

Public Affairs Update……………………………………………………………….July 11, 2018

  • NAR Action Plan for Association Health Plans
  • Uncertainty Ahead for CFPB?
  • The Housing Market Remains Healthy…For Now
  • In Case You Missed It

 

NAR Action Plan for Association Health Plans

On June 19, 2018, the Department of Labor (DOL) issued a final rule to expand access to health coverage through Association Health Plans (AHPs) and, for the first time, allows independent contractors to join.


For more than a decade, NAR has advocated for reform of the health insurance markets that provide coverage to the self-employed and small employers. This latest action by the Administration is an important step in expanding health coverage opportunities for real estate professionals.

 

NAR is working diligently with existing providers, health care consultants, insurance experts, and legal analysts to examine comprehensive solutions to secure high-quality health insurance for all members and their families. These potential solutions include national and state plan options, in addition to exploring partnerships with other industry coalitions, in line with the regulation's framework.

 

Unfortunately, this process is not without hurdles. While NAR is examining potential nationwide options, there are also opportunities to create plans at the state and local level that may overcome some regulatory obstacles. In any case, NAR remains focused on providing the most comprehensive and quality insurance options possible because that is what members need and deserve.  Use this link for access to the NAR Plan of Action.  Or copy and paste this link into your browser: narfocus.com/billdatabase/clientfiles/172/26/3184.pdf [Source: NAR Update 06-29-2018]

 

Uncertainty Ahead for the CFPB?
A federal judge has held that the Consumer Financial Protection Bureau lacked the authority to bring an enforcement action against a New Jersey company “because its composition violates the Constitution's  separation of powers.” [Source: NAR Update 07-05-2018]

 

The Housing Market Remains Healthy … For Now

A study analyzing the housing market's overall trends has given a neutral outlook for the near term. Here are some of the headwinds that are likely to impact the market by the end of the year.  » READ MORE [Source: DSNews.com 07-04-2018]

 

In Case You Missed It