Small Business Majority submits SFR on the importance of extending the ACA’s enhanced premium tax credits

On December 8, Small Business Majority submitted a statement for the record in advance of a Senate Permanent Subcommittee on Investigations hearing titled “Defining Our Healthcare Problem, and Principles We Should Follow to Solve it.” The statement outlines the critical role the Affordable Care Act (ACA) Marketplace and the expansion of the premium tax credits have played in strengthening access to affordable healthcare coverage for small business owners and employees. With the end of open enrollment fast approaching, Congress is running out of time to extend the enhanced tax credits which are essential to lowering costs for the millions of small business owners and self-employed entrepreneurs in the Marketplace.