Our Research: Healthcare
Small Business Majority uses extensive scientific and opinion research to provide small business owners, advocates, policymakers and others with the information and tools they need to navigate through complex healthcare-related issues.
Congress included in the Affordable Care Act a significant new tax credit for small business owners who provide their workers with health insurance. Under this new tax credit, businesses that have fewer than 25 full-time workers and average wages of less than $50,000 are now eligible to receive a tax credit of up to 35% of the cost of the health insurance that they provide for their workers.
Health insurance exchanges are the most important component of healthcare reform for small businesses. These marketplaces will allow small businesses and individuals to band together to purchase insurance, which will lower their healthcare costs and allow more of them and their employees to get quality healthcare coverage.
In March 2011, Small Business Majority and Pacific Community Ventures (PCV) released the results of a survey, commissioned by PCV, of 804 California small business owners with fewer than 20 employees on key provisions of the Affordable Care Act. It found that small business owners who currently don’t offer health insurance, along with those who do, are more likely to provide or continue to provide coverage because of the healthcare tax credits and state insurance exchange.
Small Business Majority released a national survey of 619 small business owners in January 2011 to gauge how entrepreneurs view two critical components of the Patient Protection and Affordable Care Act: healthcare tax credits and insurance exchanges.
Small businesses are the backbone of America’s economy. Across the country, there are nearly 4.8 million businesses that employ 25 or fewer workers. They’re your local diner, the hardware store down the street, and the mechanic in your neighborhood.
More than any other sector of the economy, small business suffers from our broken healthcare system. From spiraling premium costs to inadequate access to quality healthcare for themselves and their employees, small business owners have seen their prospects for growth diminished and their profits slashed by today's patchwork of inefficient healthcare options.