“Lawmakers who dream of gutting the Affordable Care Act do not seem to care about its importance to small business owners, particularly those who are solo entrepreneurs," John Arensmeyer, founder and CEO of Small Business Majority, wrote in a Health Affairs blog post. "What these politicians fail to understand is that the health care law is the first meaningful insurance reform available to entrepreneurs in decades. In fact, for many self-employed business owners, their firms would not exist without it.”
GOP assault on Obamacare rattles workers in California's 'gig economy'
Will proposed changes to health care affect small business?
The Republican push to replace The Affordable Care Act is getting mixed reviews. As the GOP tries to drum up support for the American Health Care Act, small and medium-sized business owners want to know how they’ll be impacted. John Arensmeyer with the Small Business Majority and Kevin Kuhlman with the NFIB tell us what the future may have in store.
Freedom's fallen entirely out of the health-care debate
"Repealing and replacing various aspects of the ACA.will do little more than create instability in the insurance market and reduce the ability of small business owners, their employees and self-employed Americans to obtain health coverage", SBM Founder and CEO John Arensmeyer said.
Letter: Obamacare helped build my business
Congress' effort to repeal and replace the Affordable Care Act is devastating news for self-employed entrepreneurs and small-business owners like me, who have benefited from the law. The ACA has given both my husband and me the freedom and security to pursue our entrepreneurial dreams, and we're worried about what repeal means for the future of our businesses.
The affordable coverage that I receive through the individual exchange has allowed me to reallocate funds normally spent on health care to invest in my growing business. Thanks to the ACA, we've been able to...
CBO Estimate Shows American Health Care Act Will Raise Insurance Costs for Entrepreneurs
Statement from Small Business Majority Founder & CEO John Arensmeyer in response to today’s Congressional Budget Office estimate on the impact of the American Health Care Act, which is projected to take insurance away from 24 million Americans
The Congressional Budget Office (CBO) today released its report on the fiscal and practical impacts of the proposed replacement for the Affordable Care Act (ACA), known as the American Health Care Act (AHCA). The CBO estimate indicates that the AHCA would be a disaster for small businesses as it would cause the insurance market to implode...
Tire industry, small business groups back ACHA
In contrast, the Small Business Majority (SBM) cautioned that small businesses will be hurt by the AHCA if it replaces the ACA.
"Repealing and replacing various aspects of the ACA...will do little more than create instability in the insurance market and reduce the ability of small business owners, their employees and self-employed Americans to obtain health coverage," SBM Founder and CEO John Arensmeyer said.
"We believe the ACA can be improved, but replacing it with the American Health Care Act will impede entrepreneurial activity and reduce job growth. The...
The Obamacare Repeal: What It Means for Small Businesses
“Repealing the employer mandate won’t impact the vast majority of small businesses since they aren’t subject to it anyway, and 96% of businesses with more than 50 employees already offered health insurance before the mandate,” Rhea Aguinaldo, Northern California Outreach Manager for Small Business Majority said. “The bottom line for small business owners is that they have benefited from the ACA, and many of the proposals in the American Health Care Act will make things worse for small employers because it will throw the insurance market into chaos and increase the costs/availability of...
CBO report predicts 24 million would lose coverage by 2026 under American Health Care Act
Small Business Majority:
"Small employers don't want or need another healthcare overhaul, especially one that takes so many insured Americans out of the market. Instead, entrepreneurs need quality, affordable health coverage for themselves and their employees so that they can focus on running their businesses. As the CBO's estimate shows, lawmakers would be wise to abandon this proposal in favor of policies that will actually help America's job creators."
Letter: Removing rule would harm small businesses
To the Editor:
Next week, the Senate will vote to overturn a Department of Labor rule that makes it easier for states to establish retirement savings plans, like the Secure Choice Retirement Savings Program being implemented here in Illinois. Striking down this rule would have a chilling effect on Illinois’ Secure Choice Program, and it would be especially harmful to small businesses and their employees.
Many small businesses want to offer retirement savings programs to help attract and retain talented employees, but aren’t able to because of issues like size and cost. The...
ACA Replacement Plan Ripped Apart by Medical Groups
Small business owners nationwide are signing a letter urging lawmakers to halt the repeal of the ACA in fear that it will be bad for their businesses. The letter states that the ACA has helped many entrepreneurs with pre-existing conditions leave large companies, with employer-sponsored coverage, and pursue their dreams of owning their own business. But, with the AHCA, the group argues that small businesses would no longer receive tax credits to help offset the cost of providing employees coverage.
"Repealing the ACA will eradicate hard-won benefits that were decades in the...
GOP assault on Obamacare rattles workers in California's 'gig economy'
Republican plans to scrap Obamacare and roll back its Medicaid expansion are sending tremors through the "gig economy" — and nowhere more so than in California.
“What these politicians fail to understand is that the health care law is the first meaningful insurance reform available to entrepreneurs in decades,” John Arensmeyer, founder and CEO of Small Business Majority, wrote in a Health Affairs blog post this week. “In fact, for many self-employed business owners, their firms would not exist without it. That’s why repealing the law is going to be a sizable setback for...
For Self-Employed Entrepreneurs, Losing The ACA Would Be An Enormous Setback
Lawmakers who dream of gutting the Affordable Care Act (ACA) do not seem to care about its importance to small business owners, particularly those who are solo entrepreneurs. What these politicians fail to understand is that the health care law is the first meaningful insurance reform available to entrepreneurs in decades. In fact, for many self-employed business owners, their firms would not exist without it. That’s why repealing the law is going to be a sizable setback for entrepreneurship.
One of the most popular and best-known provisions of the ACA has been particularly...
My small business is out of options without the ACA
As a small business owner, I am very worried about Congress moving forward with its plan to repeal and replace the Affordable Care Act. As a lawyer, three-time cancer survivor, and an entrepreneur, I can tell you firsthand that this legislation will have a devastating impact on the small business community.
Thanks to the ACA, I was able to leave my job with employer-sponsored health coverage to start my own legal recruiting firm, Mardavis Group Inc., here in Chicago. I enrolled in the state’s marketplace, Get Covered Illinois, and had no difficulty finding coverage, even with a pre-...
Small businesses like corporate tax cut only if loopholes closed
In light of President Trump’s recent address to Congress in which he called for corporate tax reform, some are imploring lawmakers to save small businesses from what has been termed “some of the most anti-business tax rates and rules in the world.”
While tax reform is essential to helping small businesses, many clamoring for changes to the tax code are thinking only of the wealthiest entrepreneurs and not the rest of America’s 28 million small businesses that would benefit from lower corporate tax rates only if that reduction is accompanied by the elimination of costly loopholes...
How the American Health Care Act could impact small businesses
John Arensmeyer, CEO of the Small Business Majority, responded.
"Repealing various aspects of the Affordable Care Act and scaling back provisions like tax credits and Medicaid expansion will do little more than create instability in the insurance market," he said. "This instability will ultimately hurt small business owners by making insurance less affordable, which will make it more difficult for America's small business community to access healthcare."
He advocated for keeping the ACA intact and finding ways to improve it.
Congress’ action will hurt business
The U.S. Senate soon will vote to overturn a U.S. Department of Labor rule that makes it easier for states to establish retirement savings plans, such as the Secure Choice Retirement Savings Program being implemented here in California. Striking down this rule would have a chilling effect on California’s Secure Choice program and would be especially harmful to small businesses.
Secure Choice would provide an easy and affordable option for small businesses, which is why they strongly support it. We urge the U.S. Senate to consider how these programs can help small businesses and...
Don’t repeal Obamacare
Obamacare allows me to focus on my business, not my insurance.
Lawmakers in Washington, D.C., who say they want to repeal the Affordable Care Act don’t understand how much it helps entrepreneurs like me. Without the law, I would simply not have health insurance. The same goes for my family and my employee.
I opened an insurance office in 2015, but due to limited budget during my start-up I’m unable to afford health coverage through a small group plan or individual and family plans. Instead, I purchased quality, affordable insurance through Covered California for myself, my...
Chiang, others speak in support of Secure Choice retirement program
California State Treasurer John Chiang, left, is urging the U.S. Senate to defeat legislation that would undermine California’s Secure Choice employee retirement savings program. Chiang spoke Monday at a news conference in Pasadena. To his right are Marisabel Torres, senior policy analyst for the National Council of La Raza, Xiomara Pena, a policy analyst with the California Small Business Majority, and Carmen Roberts, a long-term care worker with the SEIU Local 2015 union.
Minimum Wage: 6 Ways To Prepare Your Business For The Rise Of Labor Costs
While it may seem counterintuitive, a July 2015 survey found that 60 percent of small business owners favor an increase in the minimum wage. Why? According to John Arensmeyer, Founder and CEO of Small Business Majority who commissioned the survey, “Small businesses know raising the minimum wage would immediately put more money in the pocket of low-wage workers who will then spend the money on things like housing, food and gas.” What does this mean for you and your business? As you work your financial plans, don’t forget to look at your marketing plans. There will be more customers with...
Making government work for the people
According to the Small Business Majority, increasing the minimum wage “would immediately put more money in the pocket of low-wage workers who will then spend the money on things like housing, food, and gas. This boost in demand for goods and services will help stimulate the economy and help create opportunities.”