Health Care Reform and Small Businesses

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Welcome to the Self Made. This is a blog focused primarily on the self-employed and micro-business and full of fantastic posts by not only our team of experts but by YOU!  We realize that there are many ways to help the small businesses out there which is why we invite other business minded individuals to post here and help the rest of the community as well.

Health Care Reform and Small Businesses

Feb 10, 2009

Posted by Molly Nelson - The House Committee on Small Business recently held a hearing on health care reform proposals and their effect on small businesses.  Among a panel of witnesses was the NASE's own Senior Health Advisor, Mike Beene. 

Beene testified that many of the self-employed are scaling back health coverage or dropping coverage completely in order to keep their business open or pay for basic needs like their home and utilities. 

24-hsbc-mike-beene-testimony-0051

Even though he was battling a cold, Mike made sure that the Committee heard the NASE's recommendations on how to make health care more affordable for micro-businesses.  The NASE's proposals for increasing affordability included: a self-employment tax deduction on health insurance, allowing access to Health Reimbursement Arrangements (HRAs) for the self-employed, and the introduction of health tax credits. 

To watch Mike's testimony before the Committee, click here.
Read the NASE's press release on Mike's testimony here.

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Courtesy of NASE.org
https://www.nase.org/business-help/self-made-nase-blog/self-made/2009/02/10/Health_Care_Reform_and_Small_Businesses