Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Georgia. The state’s 1 million small businesses comprise 99.6% of all businesses in the state, and they employ 1.6 million residents—nearly half of all Georgia employees.
Today, Small Business Majority submitted a letter to Senate leadership supporting healthcare provisions in the current iteration of the American Rescue Plan, which has vital measures that will strengthen access to healthcare and lower costs for small businesses and their employees.
On February 11, Small Business Majority submitted a letter to the Chairwoman of Budget & Fiscal Review Committee and the Chairman of the Committee on Budget in support of Governor Newsom's proposed budget, which includes additional funding and support for small businesses.
On February 12, Small Business Majority penned a letter to Senate leaders to offer our strong support for key provisions in the stimulus package that are essential to our nation’s small businesses at this critical time.
Today, Tierra Henderson submitted written testimony to the House Committee on Labor and Commerce in support of HB 2332, which would establish a reinsurance program in Virginia. For Tierra, and other self-employed individuals, reinsurance programs help stabilize costs in the individual marketplace. HB 2332 is an important step forward for small businesses.
Virginia legislators are considering a bill that would implement a reinsurance program to help address healthcare costs across the state. Reinsurance programs use federal and state funds to help health insurers provide coverage to the highest-cost consumers, allowing them to keep premiums lower for everyone else. Enacting a state reinsurance program in Virginia is estimated to lower premium costs by up to 20%.
Today, Small Business Majority sent a letter of opposition to the Virginia Assembly opposing SB 1341, association health plans. These plans would have negative impacts on the marketplace- and consequently on small businesses that already struggle with healthcare costs. Ensuring strong and robust individual and small group healthcare marketplaces is vitally important to Virginia's entrepreneurs because this is essential to keeping costs down for business owners and their employees.
On September 16, Small Business Majority submitted a letter to Secretary of U.S. Department of Health and Human Services Alex M. Azar, Secretary of U.S. Department of the Treasury Steven Mnuchin, Administrator of Centers for Medicare & Medicaid Services Seema Verma, and Assistant Secretary for Tax Policy David J. Kautter expressing concern over how Georgia’s Section 1332 waiver could make affordable health care less accessible to Georgia small business owners.
Small Business Majority has released its comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Virginia during and after the COVID-19 pandemic. It’s critical that state lawmakers enact both short- and long-term policies to support and empower these entrepreneurs by guaranteeing that they have access to capital to maintain and pivot their business, affordable and quality healthcare and the tools and benefits they need to sustain themselves now and in the future.
This year we’ve seen how important it is for small business owners, their employees and their families to have access to health coverage. If you or your employees need to enroll in or renew your health insurance plans for 2021 through the Affordable Care Act (ACA) individual marketplace, your time is here. This open enrollment season is taking place from November 1 to December 15, and many will be eligible for premium assistance to help offset the cost of coverage.
Here are some key facts to keep in mind as you consider shopping for coverage: