This year has been a rocky one for the more than 169,000 Coloradans who receive health coverage through Connect for Health Colorado, including the roughly 37,000 local small business owners and solo entrepreneurs who depend on the marketplace for quality, affordable health insurance. Between dogged Republican attempts to repeal the Affordable Care Act without an adequate replacement plan, and President Donald Trump’s inability to commit to making federal payments that subsidize insurance for low-income individuals, the ACA marketplaces are less stable than they were just 12 months ago. Now...
ACA stability requires a bipartisan effort
A Tale Of 2 States: How California And Texas May Fare Under GOP Health Plan
MARK HERBERT: It would be massively destabilizing to the ability of small employers to attract talent. It would be very difficult for entrepreneurs and self-employed folks to access some level of coverage.
Uncertainty Over Health Care’s Future Hobbles Entrepreneurs
“So it would be massively destabilizing to the ability of small employers to attract talent, it would be very difficult for entrepreneurs and self-employed folks, to access some level of coverage,” said Mark Herbert, California director for the Small Business Majority. “There’s no way that you can remove those sorts of dollars out of our local communities and not see some sort of economic impact on small businesses.”
More Coloradans than ever insured, report finds, but Senate still targeting ACA
Small business groups also oppose efforts to repeal the ACA.
“Since U.S. Sens. Bill Cassidy and Lindsey Graham remain determined to repeal and replace the Affordable Care Act (ACA), it is once again necessary to remind lawmakers that the ACA has greatly benefited America’s small businesses,” said Small Business Majority founder and CEO John Arensmeyer. “One in five ACA marketplace participants in 2014 was a small business owner or self employed. We must also remember the countless solo entrepreneurs with pre-existing conditions who were able to launch their own businesses because...
The simple way to tell whether Trump’s tax plan is for the ‘little guy’ or the 1 percent
“Small businesses get used as a smokescreen to help the wealthy,” says John Arensmeyer, head of Small Business Majority, a network of 55,000 small-business owners. He says the proposed change would mainly help hedge funds and celebrity consultants.
Good start on a bipartisan solution
As a small business owner who has greatly benefited from the Affordable Care Act, particularly the expansion of Medicaid, I disagree with the recent editorial criticizing the bipartisan healthcare plan proposed by Governors John Hickenlooper and John Kasich. The plan may not be perfect but it is a good start on a bipartisan solution to strengthen the ACA.
My young business, Left Hand Management, consults with treatment agencies for drug and alcohol addiction, and provides education on paying for these services through Medicaid. The expansion of Medicaid under the ACA has provided a...
Morning Break: Health news and commentary from around the Web gathered by the MedPage Today staff
One in 5 small business owners and solo entrepreneurs are feeling the pinch of higher insurance premiums attributable to the Trump Administration's attempts to dismantle the Affordable Care Act, according to the Congressional Budget Office. (Small Business Majority) Read MedPage Today's full coverage of the CBO report here.
Simplifying the Tax Code Eliminates the Advantage Enjoyed by Large Corporations Who Can Afford Teams of Tax Professionals
90 Percent Of Small Business Employers Agree That Large Corporations Use Loopholes To Avoid Taxes, And Three Quarters Agree This Harms Small Business. 'Small Business Majority's scientific opinion polling found 90 percent of small employers say big corporations use loopholes to avoid taxes that small businesses have to pay, and 92 percent say it is a problem when big corporations use such loopholes. What's more, three-quarters of owners say their small business is harmed when loopholes allow big corporations to avoid taxes.' (John Arensmeyer, Op-Ed, 'Small...
Covered California For Small Businesses Announces Increased Participation, Lower Premiums
The Small Business Majority — a national advocacy organization that conducts scientific polling, focus groups and economic research to help educate and inform policymakers and small business owners — issued a news release on Thursday announcing that participation in Covered California for Small Business (CCSB) increased dramatically during 2017, and participants in the program can expect lower premiums for 2018.
The new face of business ownership is looking for something different
The retiring boomer generation is giving way to a new pool of millennial business owners. According to a poll by North Star Research for the Small Business Majority, 8 percent of millennials own a business, 16 percent are making plans to start a business and 27 percent would like to start their own business someday.This shift has client service industries scrambling to cater to a new kind of entrepreneur.
It can seem as though boomers and millennials couldn’t be more different on matters like workplace retention and motivation. But don’t let this undermine the fact that the...
Another Voice: Parental leave legislation would be good for small business
For some reason, Gov. Jerry Brown seems to take issue with legislation that would help small businesses and their employees. In 2015, he killed a bill that would have expanded current state unpaid leave law to cover care for more family members.
Fortunately, Gov. Brown may have the opportunity this year to correct that mistake by signing SB 63, which has the support of small business owners like me because it would go a long way toward leveling the playing field for small firms that struggle to retain talented employees.
Serving Minority Entrepreneurs with Xiomara Pena
Tackling small business development is a challenging task, especially when you take the sheer size of states like California into account. But small business development in a general sense does not necessarily meet the needs of diverse business owners. That’s where Small Business Majority fills the gaps that traditional economic and small business development can’t fill. With thorough research and polling, as well as on the ground representation, they are trying to meet the needs of minority small business owners in towns and communities that are often neglected.
In this episode...
Stable Insurance Markets are Key to Small Business Success
Despite months of speeches, speculation and tweets suggesting that the federal government would not continue to provide critical payments that support the Affordable Care Act (ACA) marketplaces, President Trump still has yet to announce a final decision on the future of cost-sharing reduction subsidies (CSRs), which help reduce out-of-pocket healthcare costs for low and moderate-income enrollees. While the president did agree to make the CSR payments for August, there is no telling what he will do in coming months, and his ongoing rhetoric about wanting to let the ACA collapse is hardly...
Kasich's health care plan is a good first step for small businesses
As a small-business owner, I was glad to see that Gov. Kasich is co-authoring a bi-partisan healthcare plan for Congress to consider. Because I believe access to healthcare isn’t just a right but is good for my bottom line, I pay 100 percent of the insurance premiums for my employees. However, offering this benefit might become too expensive if the president does not continue to guarantee cost-sharing subsidies.
That’s why lawmakers need to come together to improve the Affordable Care Act and support small businesses like mine, and Governor Kasich’s plan is a good first step toward...
Reader Feedback: Responses to recent health care articles
Regarding the story, “Health care: No quick decision on cutting subsidies” (bizwomen.com, 8/3/2017)
As a small business owner, I’m glad that the U.S. Senate decided to uphold the Affordable Care Act, despite Sen. Cory Gardner’s support of the latest repeal effort. Now that the ACA will continue to be the law of the land, it’s time for lawmakers to work together on reforms that will strengthen the insurance marketplaces.
Before Congress began their efforts to repeal the ACA, many entrepreneurs were able to access affordable health coverage, and rates in the small group market...
Letter to the Editor: Health care law needs to be improved
As a small business owner, I know that Congress and the White House need to work together in a timely manner to amend the Affordable Care Act and strengthen the healthcare marketplaces. Otherwise, many will suffer from exorbitant increases in their healthcare costs.
Before the ACA was passed, a preexisting condition prevented my husband and me from finding coverage, and as a result, we went uninsured for several years. During this time, my husband was admitted to the emergency room and we left with a $20,000 bill -- a payment that would now bankrupt my business....
Millennials and Technology
Gen X needs to look out because the younger generation is quickly outpacing them in the business ownership arena. Seventy-two percent of millennials would like to be their own bosses, with a hearty 24 percent already running or making plans to run their own businesses, according to findings by North Star Research for Small Business Majority and Young Invincibles.
Letter: Strengthen the marketplace
While I’m glad that Ambetter has decided to stay in New Hampshire, many other insurance companies across the country have announced their exit from the ACA exchanges. This is exactly why Congress and the administration need to work together now to implement policies that will strengthen the insurance marketplaces.
Before the passage of the ACA, my insurance premiums were increasing annually by double-digit amounts, and my employees had only one choice for their health care provider. Negotiating, renewing and securing health care for my employees was such a laborious task. But being...
Small Business Majority and Pfizer Healthy Workforce panel and discussion
Small Business Majority and Pfizer Healthy Workforce panel and discussion, 9 to 11 a.m., ChamberRVA, 919 E. Main St., Suite #1700. Register: https://www.eventbrite.com/e/healthy-workforce-panel-discussion-tickets-....
Letter: Need bipartisan health care
I agree with the July 16 letter, “NFIB commentary was lobbying,” as Nicole Riley’s commentary ("Obamacare crushes small business," June 28) could not be further from my health care experience as a small business owner. My employees and I have benefited from the Affordable Care Act, and I’m worried about how our coverage might change now that the future of the law remains uncertain.
I’ve offered insurance as a benefit for my eligible employees since 2006, and prior to the ACA it was difficult to determine if I was getting the best coverage for the best price. Contrary to...