Washington Watch - June 11, 2014


Washington Watch - June 11, 2014

SHOP Delayed

While the impact will be minimal for the self-employed, micro-business owners interested in exploring options within the Small Business Health Options Program (SHOP) in 18 states will have to wait until 2016 to see the program realized. The Centers for Medicare and Medicaid Services delayed the implementation Alabama, Alaska, Arizona, Delaware, Illinois, Kansas, Louisiana, Maine, Michigan, Montana, New Hampshire, New Jersey, North Carolina, Oklahoma, Pennsylvania, South Carolina, South Dakota and West Virginia.

Each state was required to petition CMS for the delay and many cited the concern that the “employee choice” option guaranteed under SHOP would dramatically increase premium costs for plan participants.

Administrator Contreras-Sweet’s Provides Vision

In two separate speeches, the Administrator of the Small Business Administration communicated her vision for the small business community. Administrator Contreras-Sweet stated, “First, we will modernize and implement smart systems, so the SBA keeps pace with technological advances that are changing how we do banking and conduct business. To encourage our lending partners to provide more capital to Main Street, we will automate our credit analysis using predictive systems. Second, we will create a more inclusive SBA by tailoring programs that embrace our nation’s dynamic demographics. Third, we will serve as a “market maker” for small companies by opening new business channels within the federal government, corporate supply chains, and international commerce. We will be modern. We will be inclusive. And we will make new markets. This is how we’ll move the dial for entrepreneurs from all walks of American life.”

You can read the full text of her speech here.

Is Your State Small Business Friendly?

Thumback.com, a consumer service website, has asked small businesses owners what they think of their state's friendliness towards small business. “Thumbtack, which partnered with the Ewing Marion Kauffman Foundation for the report, computed an average score for states based on a series of responses to questions assessing business friendliness. Survey questions included small business owners’ attitudes regarding ease of starting a business or hiring employees, regulations and available training programs.”

The top five most small business friendly states: Utah, Idaho, Texas, Virginia, and Louisiana! Check out the complete list of state rankings!

Washington Watch Online

Visit NASE Advocacy to view archived editions of Washington Watch. While you’re there, read the latest updates from the Washington, D.C. office, write your Congressperson, and find out how you can join the fight for micro-business.

Courtesy of NASE.org