On April 18, Small Business Majority CEO John Arensmeyer testified before the California Senate Committee on Banking and Financial Institutions in support of SB 1235, which would create regulations for new sources of alternative lending in California. The testimony explained that such regulation is widely supported by small business owners, as it would protect them from predatory lending practices.
California Director Mark Herbert testified before the Assembly Committee on Health to voice support for proactive solutions to ensure all of California’s small businesses and self-employed entrepreneurs have access to quality, affordable healthcare. AB 2459 would significantly improve affordability for thousands of middle-income individuals and families, including many entrepreneurs and small business employees.
Small Business Majority voiced opposition against the proposed rule change that would permit insurers to sell “short-term” health insurance plans that provide coverage for up to 364 days, well beyond the three months currently permitted by the Affordable Care Act. Short-term health insurance is meant to fill a gap in an individual’s coverage in the instance of job loss or other life change. These plans are not required to cover essential health benefits like prescription coverage or mental health treatment.
Mark Herbert, California Director for Small Business Majority, testified in front of California's State Senate in support of SB 910, which would clarify that short-term limited duration health insurance cannot be sold in California and bolster health insurance markets. The legislation is meant to protect the robustness of the individual marketplace, which is vitally important for owners and employees of small businesses without group coverage, especially the roughly three million solo-entrepreneurs in California.
Small Business Majority CEO John Arensmeyer testifies before the U.S. House Subcommittee on Health, Employment, Labor, and Pensions on how the U.S. Department of Labor's proposed changes to association health plans could hurt the small group market for health insurance.
Small Business Majority submitted a letter of support for California's Truth in Lending Act (SB 1235) under consideration by the California Senate. This bill would require standard disclosure methods for the terms of a loan offered to a business, allowing a small business owner to make a better informed decision about loan offers.
Small Business Majority submitted a letter in support of California's Health Care Market Fairness Act of 2017 (SB 538), which would lower costs and improve value for California's entrepreneurs and the more than six million Californians who work for small businesses. It seeks to ensure lower costs by changing hospital contracting practices.
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Small Business Majority writes regarding the proposed changes to the definition of an “employer,” which would broaden the criteria for when employers are able to join association health plans (or AHPs).
Erik Rettig, Mid-Atlantic Director for Small Business Majority, testified on October 10, 2017 in support of implementation of Washington, D.C.'s paid family leave legislation. The law establishes a paid leave system that provides up to eight weeks of paid family and medical leave to allow employees to care for a newborn baby, six to provide care for a family member or two to recuperate themselves from a serious illness. The testimony explained how implementing this law will benefit, not burden, small businesses.