Small Businesses See Significant Gains from the ACA
New report shows uninsured rates have dramatically decreased among small business owners and employees and small business healthcare costs have stabilized under the ACA.
Small Businesses See Significant Gains from the ACA
New report shows uninsured rates have dramatically decreased among small business owners and employees and small business healthcare costs have stabilized under the ACA.
On February 13, Small Business Majority CEO John Arensmeyer testified before the U.S. House of Representatives Small Business Committee on "Small Business Priorities for the 116th Congress." John provided an overview of our 2019 Policy Agenda, highlighting key policy priorities on access to capital, healthcare, portable benefits and more. He also offered recommendations to meet the needs of rural small business owners based on the findings of our recently released report.
Read the testimony »On February 12, Small Business Majority released a report, "Examining the Unique Opportunities and Challenges Facing Rural Small Businesses." The report compiles findings from focus groups and roundtable discussions with rural small business owners and other small business stakeholders in four states, as well as the results of a national poll of rural small business owners. The report also features recommendations for policymakers and service providers to increase opportunities for rural entrepreneurs.
Read the report »On January 30, we held our California Small Business Summit in Los Angeles, which brought together 60 small business leaders from across Southern California to discuss important issues facing small businesses and to highlight education and tools to help entrepreneurs and local economies thrive. The format included a mix of panel discussions, presentations, keynotes and breakout sessions featuring expert advice from business assistance providers and other successful small business owners.
On December 28, Small Business Majority submitted comments to the Internal Revenue Service regarding proposed regulations for the operation of Opportunity Zones, a new program designed to increase investment in low- and moderate-income communities. Small Business Majority's comments emphasized the need for improvements to the regulations to ensure they benefit Main Street small businesses.
Read the full comments »On December 26, Small Business Majority submitted comments to the U.S. Departments of the Treasury, Labor and Health and Human Services regarding proposed changes to regulations governing the use of health reimbursement arrangements (HRA). The comments argued that HRAs should not be expanded to allow for use in purchasing coverage through association health plans (AHPs) or short-term insurance plans, as these plans do not offer quality coverage and destablize insurance marketplace for other small business owners and their employees.
Read the full comments »On Thursday, November 29, Small Business Majority Northern California Director Mark Herbert, along with small business owners Christin Evans and Lorenzo Harris, spoke at press events in San Francisco and Sacramento to kick off a new retirement program called CalSavers. These events were part of a statewide series that helped spread the word about a new retirement savings program that will level the playing field for the many California small businesses that don’t have the resources to help their employees access retirement options. Through CalSavers, businesses with five or more employees that don’t already offer a retirement option will facilitate access to a retirement savings program without any administrative headaches or fees.
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On November 29, CEO John Arensmeyer co-moderated a discussion about removing barriers to entrepreneurship at the NewDEAL Annual Leaders Conference.
On Friday, November 16, Small Business Majority Vice President for National Outreach David Chase spoke on a panel at the National Association of Insurance Commissioners Annual Conference. He spoke about a recent rule change from the Department of Labor to allow for the creation of Association Health Plans (AHPs), which will harm small businesses by creating separate risk pools and raising costs in the small group marketplace.
On November 14, Small Business Majority submitted comments to the Office of Comptroller of the Currency regarding a proposed rule amending regulations for the Community Reinvestment Act. The letter provides feedback and suggestions to strengthen the proposed rule in order to better stimulate small business lending.
Read the letter »On November 7, LaJuanna Russell, founder and president of Business Management Associates, Inc. and Chair of Small Business Majority's Board of Directors, testified before the District of Columbia City Council Committee on Health on measures being considered to improve healthcare marketplaces in D.C. Her testimony explained how legislation banning junk insurance and association health plans (AHPs) would help local entrepreneurs and small business employees by protecting affordable and quality health coverage.
Read the testimony »
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