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...
Stable Insurance Markets are Key to Small Business Success
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...
Small businesses need tax reform, not wholesale tax cuts
While hosting small business owners at the White House recently, President Donald Trump didn’t say much about his tax policy plans. The few words he offered, however, suggest that small business owners like us are going to be disappointed when Republican tax proposals are formally unveiled this fall.
“[My administration is] pursuing bold tax cuts so our companies can thrive, compete and grow,” Trump said at the small business event.
Letter: Small business owner glad for ACA
Re: August 5th letter, “GOP members vote their consciences” As one of Columbus’ small businesses owners, I’m glad that the latest efforts to repeal the Affordable Care Act have failed, despite Senator Portman’s support. Thanks to the ACA, my employees and I have been able to access flexible and affordable coverage options. And while I would like to offer healthcare as a benefit to my employees, I simply can’t afford to do so at this time. I was worried that had the repeal effort passed, some of my employees might have left to find another job with employer-sponsored coverage. However, this...
How the ACA has benefited small businesses
The failure of the Senate to repeal or replace the Affordable Care Act (ACA) is fantastic news for this small business owner. The ACA has been beneficial for me and my business, and I’m glad it’s here to stay.
It’s time now for Congress to come together on bipartisan reform to the health care legislation.
As both a small business owner and a mental health advocate, I know how crucial it is to uphold the ACA. My business provides care for those with mental disabilities, and we’ve been able to help more people in our community find the support and care they need because of the...
Employer-based health coverage likely to stay awhile
Get your insurance through your employer? The ongoing political turmoil around "Obamacare" all but guarantees you'll still be able to do that.
Ask Walt Rowen, whose business is etching glass but whose experience managing century-old, family-owned Susquehanna Glass makes him something of an expert on health care. He's provided coverage to employees, then canceled it, steering them to the health insurance exchange. But with those premiums rising, Rowen this year is again covering his 70 or so workers under the umbrella of employer-sponsored health insurance....
The Health Care Solutions Small Businesses Need
Republican plans to repeal the Affordable Care Act were like something out of a B horror movie: terrifying at times, very unrealistic and surprisingly difficult to kill. Fortunately for America’s small businesses, conservative lawmakers failed for now to gut the ACA. This development is wonderful news given that small firms like ours struggled with health care costs for years before the ACA led to better health coverage and more choices at lower prices. Now that the health care law is no longer under immediate threat of repeal, it’s time for a bipartisan plan that will strengthen our...
Employer-based health coverage likely to stay awhile
Get your insurance through your employer? The ongoing political turmoil around “Obamacare” all but guarantees you’ll still be able to do that.
Ask Walt Rowen, whose business is etching glass but whose experience managing century-old, family-owned Susquehanna Glass makes him something of an expert on health care. He’s provided coverage to employees, then canceled it, steering them to the health insurance exchange. But with those premiums rising, Rowen this year is again covering his 70 or so workers under the umbrella of employer-sponsored health insurance.
Governors Plead With Trump To Pay Obamacare Subsidies
That means subsidies will have to rise for many people to meet those higher premiums. Although employer contributions vary, 72 percent is in line with what other businesses offer their employees, said John Arensmeyer, head of the Small Business Majority.
Small Businesses Need More Info on State-Run Retirement Plans
“These programs are all in the early stages, but as they get closer to launching, they will need to do a lot more to help small businesses know about the program,” David Chase, vice president for national outreach with the Small Business Majority in Sacramento, Calif., told Bloomberg BNA. Administrators of these programs “should do a full-court outreach, education, and marketing campaign all geared specifically for small business owners,” he said.
Health care law isn't perfect, but it has helped small businesses
This week’s vote by the Senate to proceed with debate on repealing the Affordable Care Act makes no sense to me, a small-business owner. Repealing the ACA would reverse improvements that cut costs and leveled the playing field for many small businesses.
While I agree the ACA isn’t perfect, it’s been crucial to helping small businesses access better and more affordable health coverage. Before the ACA, my health premiums were increasing up to 20 percent annually. The choices from insurance providers were limited, and I had just two insurers to choose from. After the ACA was passed, my...
Congress acting recklessly with health care efforts
Congress is pushing forward with efforts to dismantle the Affordable Care Act even though proposed plans will cause 22-32 million people to lose insurance.
I'm concerned about how this legislation will impact me as a small business owner and as one of those who could lose insurance.
I am currently enrolled in the state marketplace, Connect for Health Colorado, and it has been vital for my business. Not only am I saving money, but my quality of care has greatly improved compared to my previous plan. The consistency and predictability of my health care has lifted a huge...
Small businesses support ACA: Letter to the editor
Senate Republican's failure to advance their disastrous healthcare plan is great news for our small business. Now that efforts to repeal the Affordable Care Act have stalled, it's time to focus on common sense solutions to strengthen the law and support business owners.
While we agree the ACA isn't perfect, it's been crucial to helping small business owners like us access better and more affordable health coverage. Under the ACA, rates in the small group market are finally starting to stabilize. The law has also helped would-be entrepreneurs, especially those...
Health Care Concerns - Sustainable Rx Pricing
Tim Gaudette from the Small Business Majority joins us for a discussion on Sustainable Prescription Pricing with the CSRxP.org. Caitlin Westerson, Policy Manager for the Colorado Consumer Health Initiative, Sharon O’Hara, Executive Director, Chronic Care Collaborative; and Helen Royal CEO of the Summit Community Care Clinic will weigh in on drug transparency, real-life decisions and the patient perspective.