❌ HB438
Enact the FAMILY Act
Summary
The FAMILY Act mandates that health benefit plans offered to small employers must provide specific coverage options, including for eligible employees and their dependents, and prohibits pre-existing condition exclusions. It also establishes guidelines for premium rates, eligibility, and coverage continuation, while ensuring compliance with federal health care regulations.
Rationale
The bill imposes government mandates on health insurance, which conflicts with Libertarian principles advocating for minimal government intervention in personal and economic choices. It restricts the freedom of employers and employees to negotiate their own health benefits and imposes regulations that could be seen as infringing on individual rights and free market principles.
Risks and Concerns
- Increased government control over health insurance markets
- Potential for reduced competition among insurers
- Higher costs for small employers due to mandated coverage requirements