Small Business Majority is excited to support AB 1132, which will discourage anticompetitive behaviors in the healthcare industry. This bill will strengthen oversight over hospital mergers and consolidation by the Attorney General, a key measure to control healthcare costs and affordability for small business owners.
Small Business Majority is pleased to support AB 1130 (Wood), which will allow the Office of Healthcare and Affordability (OHCA) to collect data on healthcare spending across all sectors of the market. This data will allow the state to set targets on spending and control costs to make healthcare more affordable for small business owners, their employees and self-employed entrepreneurs.
As entrepreneurs continue to navigate business and economic challenges stemming from pandemic, Small Business Majority surveyed small business owners and operators in Colorado to assess business conditions and the rising costs of healthcare.
On April 8, Small Business Majority submitted a letter to the Chairwoman and Vice Chairman of Budget & Fiscal Review Committee in support of Governor Newsom's proposed budget, which includes critical funding and measures to support small business recovery.
On April 1, Small Business Majority's Colorado Director Lindsey Vigoda testified before the House Health and Insurance Committee on legislation that requiring Health Care Sharing Arrangements (HCSAs) to submit basic information to the Colorado Division of Insurance about how they operate, which will provide greater transparency for all Coloradans and entrepreneurs who may wish to sign up for HCSAs.
Small Business Majority wrote to Assemblymember Buffy Wicks in support of AB 1993, legislation that would enact a statewide COVID-19 vaccine mandate for all businesses in California and their employees and independent contractors to receive the COVID-19 vaccine. AB 1993 would remove the onus from entrepreneurs of enforcing their own public health protocols in the workplace, thus allowing them to focus on getting back to work at full capacity.
On February 24, Small Business Majority's Colorado Director Lindsey Vigoda submitted comments concerning the methodology for calculating premium rate reductions for the Colorado Options' small group market standardardized health benefit plan. We encourage the Colorado Division of Insurance to revise and establish fair rules to better serve the needs of small businesses.
Today, Government Affairs Director, Awesta Sarkash, submitted a letter to the DC Council's Committee on Health and Business & Economic Development opposing B24-0305, the Professional Employer Oganization Registration Act of 2021. This bill would require professional employer organizations that offer health insurance in the District to register with the Department of Insurance, Securities, and Banking. This bill would have negative impacts on the marketplace—and consequently on small businesses that already struggle with healthcare costs.
As a small business owner, we know you wear many hats—from running the day-to-day operations of your business, to managing employees, building a brand and much more. One thing many entrepreneurs feel unequipped to deal with while starting or running a business is how to handle business finances and maintain a healthy workforce.
Today, Small Business Majority along with 13 local, state, and national organizations, sent a letter to President Joe Biden, Senate Majority Leader Charles Schumer, and West Virginia Senator Joe Manchin urging the leaders to reignite negotiations surrounding the Build Back Better package. The Build Back Better package provisions include access to affordable healthcare, childcare, paid family and medical leave, and leveling the playing field on taxes, which would benefit the small business ecosystem.
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