The National Association of Mutual Insurance Companies (NAMIC) yesterday called on lawmakers to make repealing the 1099 requirement in the healthcare reform law enacted earlier this year a top priority.

“Unless Congress acts, this misguided provision will impose a huge burden on businesses across America and will only stall any economic recovery,” said Jimi Grande, senior vice president of federal and political affairs for NAMIC. “Given the fragile state of the economy, the last thing American small businesses--in the insurance industry or elsewhere--need is more red tape from Washington.”

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