What does the Affordable Care Act (ACA) mean for our industry, especially as it relates to business requirements? See below for some information we’ve compiled.
October 10, 2013
Presentation to NOPA by Paul Miller on the ACA
Download it here: ACA Presentation
October 9, 2013
House Small Business Committee Hearing: “The Effects of the Health Law’s Definitions of Full-Time Employee on Small Businesses”
Witnesses and Testimony:
- Mr. Raymond J. Keating, Chief Economist, Small Business & Entrepreneurship Council, Vienna, VA.
- Mr. Steven Hermann, Vice President, Paul’s Supermarket, Inc. Eldon, MO.
- Testifying on behalf of the National Grocers Association
- Witness Testimony
- Mr. Stephen Bienko, President, Owner, Bienko Enterprises Moving Line, Fairfield, NJ.
- Testifying on behalf of the International Franchise Association
- Witness Testimony
- Mr. Dean Baker, Co-Director, Center for Economic and Policy Research, Washington, DC.
July 24, 2013
Senate Small Business and Entrepreneurship Committee Hearing: “Implementation of the Affordable Care Act: Understanding Small Business Concerns”
Witness Panel 1
- Ms. Chiquita Brooks-LaSure
U.S. Department of Health and Human Services
- Mr. J. Mark Iwry
Sr. Advisor to the Secretary
U.S. Department of the Treasury
- Ms. Meredith K. Olafson
Sr. Policy Advisor to the Administrator
U.S. Small Business Administration
Witness Panel 2
- Ms. Nancy Clark
Glen Group, Inc.
- Mr. William J. Dennis, Jr.
Senior Research Fellow
National Federation of Independent Business
- Mr. Jim Houser
Hawthorne Auto Clinic, Inc.
- Mr. Lawrence K. Katz
President and CEO
Jomar Cafe, Inc. dba Dot’s Diner
- Mr. Jamal Lee
Director and Chief Engineer
Breasia Studios, LLC
- Mr. Kevin Settles
President and CEO
Bardenay Restaurant & Distillery
April 25, 2013
Obama must help small business owners with burden of health care law
Published April 25, 2013, FoxNews.com
The health care law is “the most disruptive instrument to the American workplace in my lifetime.” That’s the perspective of Richmond businessman William J. Goldin, Jr., president of family-owned Strange’s Florists, Greenhouses and Garden Centers since 1978, who testified before the Small Business Committee last week.
Even proponents of the controversial health care law are now worried, as the predictable problems become a reality.
Senate Finance Committee Chairman Max Baucus, one of the chief architects of the law, stated recently to Health and Human Services Secretary Kathleen Sebelius that he sees a “huge train wreck” coming in the implementation of it. Moreover, he acknowledged that “small businesses have no idea what to do, what to expect.”
Those of us who opposed the law have been concerned all along that it will be detrimental to the economy, and especially small businesses. The reasons for those concerns are becoming evident.
According to a U.S. Chamber of Commerce survey released this month, requirements of the health care law are now the biggest concern for small businesses, and 71 percent say the law makes it harder for them to hire more employees.
Members of the committee hear directly from small business owners, both in hearings and through our online portal, “Small Biz Open Mic.” They are telling us that compliance with the complicated health care law is placing a strain on their businesses.
Complying with new requirements is a burden, and it falls most heavily on those who have the fewest resources. Small businesses don’t have the time, expertise or personnel on hand to easily absorb the changes of one of the most far-reaching laws in history, but they’re forced to grapple with higher costs and new paperwork.
Many are simply not yet certain what they’re required to do to avoid problems or penalties. Throw in the added uncertainty of the recent delay in the Small Business Health Option Plans, and the administration’s efforts to put the law into place appear to be in disarray.
Kevin Tindall, owner of a plumbing and heating business in Princeton, New Jersey, testified that “the continued rise in the cost of providing health care insurance absolutely stifles my ability to create, provide and sustain jobs.” He continued: “I have yet to understand how we as a nation can continue to state that we need to create more jobs, yet challenge, threaten or even ignore the very mechanisms for job creation.”
In an economy that has yet to find its footing, heaping new problems on small businesses is counterproductive. These small firms are absolutely critical to any strong recovery, particularly in the job market. Since 1993, 64 percent of net new jobs come from small businesses. Small companies are roughly half of the private sector economy, accounting for 49 percent of private sector employees and 42 percent of private sector payrolls.
Despite my strong opposition to this law, the Small Business Committee is dedicated to helping small businesses overcome the difficulties with compliance. In December 2012, the Committee released a compliance resource for small business and listed key requirements for 2013 and 2014 to clarify and explain key parts of the law in plain English.
The valid concerns of small businesses have too often been ignored by this administration, but the president should pay attention now and take steps to mitigate the burden and minimize the uncertainty that his health care law places on our nation’s entrepreneurs. Small business owners, our best job creators, deserve nothing less.
April 23, 2013
Risch Asserts Regulations Strangling Small Businesses
U.S. Senator Jim Risch today confronted Small Business Administrator Karen Mills about the negative impact regulations are having on small businesses. During a Senate Small Business Committee hearing Risch presented a stack of growing Obamacare regulations over seven feet tall to illustrate the difficulty businesses have in complying with regulations.
“Small businesses all over the country are trying to find a way to get out from under this, just as all big businesses and medium-sized businesses are doing. The difference is, of course, big and medium-sized businesses have a gaggle of lawyers and accountants who can help them get out from under this. The small businesses have fewer options,” Risch said.
Risch, the leading Republican on the Senate Committee on Small Business and Entrepreneurship, made his remarks during the hearing on the president’s proposed budget request for the Small Business Administration.
Risch noted that the president’s budget, which was submitted more than two months later than required by federal law, was not going to pass because both the House and Senate passed budgets before the administration released their proposal.
“It’s unfortunate that we are having a hearing on a budget that we all know will never become law. If we are going to be doing things like this, it ought to be pragmatic and dealing with something that is actually going to become law,” said Risch.
From the House Small Business Committee
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