On May 22, 2019, Small Business Majority CEO John Arensmeyer testified before a joint hearing of the Senate Committee on Small Business & Entrepreneurship and the Senate Homeland Security & Governmental Affairs Subcommittee on Regulatory Affairs and Federal Management to discuss the reauthorization of the SBA Office of Advocacy. His testimony discussed the important role of the Office of Advocacy and why small business regulations should not be characterized as all good or bad, but rather considered on a case-by-case basis.
Small Business Majority writes in support of AB 414 and SB 175 which would reinstate a penalty for lacking coverage in California and grant Covered California the ability to set this penalty amount. This will prevent the predicted increases in healthcare costs and uninsured rates in California, directly benefitting small businesses who struggle to keep up with the high costs of healthcare.
Small Business Majority writes in support of SB 65, which extend tax credits to individuals struggling to access affordable healthcare. The legislation would significantly improve affordability for thousands of low- and moderate-income individuals and families, including many entrepreneurs and small business employees by creating and increasing subsidies for individuals who earn up to 600% FPL.
Small Business Majority writes in support of AB 4, which would extend MediCal, which provides healthcare to qualified low-income individuals, to all individuals who would be otherwise eligible if not for their immigration status. Extending this coverage would drastically decrease the number of remaining uninsured in the state, as roughly 1.4 million undocumented Californians are without healthcare coverage (half of the total uninsured).
Colorado Director Hunter Railey testifed in support of HB19-188 or the Family Medical Leave Insurance Program (FAMLI) Act, which would create a study to assess the feasibility and necessary steps to implement a paid family and medical leave program in Colorado. This study will be crucial in setting up future legislation in the state legislature to create such a plan.
Colorado Director Hunter Railey testifies in support of SB19-173, which would establish the Colorado Secure Savings Plan Board to study the feasibility of a program that allows private-sector employees to contribute to an individual retirement savings account through modest payroll deductions. Such a plan would help small business owners offer retirement savings benefits at no added cost to their business.
Colorado Director Hunter Railey testifies in support of HB19-1168, which authorizes Colorado to seek a state innovation waiver from the U.S.
Small Business Majority writes in support of AB 1611 concerning out-of-network emergency room bills, or surprise billing. The legislation would extend protections for consumers receiving emergency care and ensure that they are not billed for more than their in-network cost sharing responsibilities. Additionally, AB 1611 will help control overall costs by preventing hospitals from setting payment higher than 150% of the Medicare rate or the average contracted rate paid by the specific health insurer for the same services in the same region.
Colorado Director Hunter Railey testifies in support of HB19-1174, which addresses suprise out-of-network billing. The bill would require healthcare providers and facilities to disclose service performed by out-of-network providers and disclose the claims and payments process. It would also require consumers receive easy to understand notifications of their rights regarding bills from out-of-network providers, and sets “reasonable rates of payment” for these out-of-network providers.
Small Business Majority writes in support of AB 539, the Fair Access to Credit Act, which would eliminate the practice of charging unaffordable interest rates on consumer loans between $2,500 and $10,000. The legislation would protect small business borrowers from the predatory practices of triple-digit lenders, and as a result, greatly benefit entrepreneurs and small businesses in California that rely on consumer loans to grow their businesses.