Small Business Minnesota releases paper, “Small Business, the Affordable Care Act and MNsure”

MINNEAPOLIS — April 15, 2015 — Small Business Minnesota, a nonprofit, nonpartisan, statewide small business association, released a paper today, Small Business, the Affordable Care Act and MNsure.”

“Affordable healthcare consistently remains the No. 1 concern for small business owners,” said Audrey Britton, Small Business Minnesota public relations chair. “This concern trumps concerns with taxes and regulations. Yet, during healthcare debates, small business is rarely included.”

According to the paper, small business is a big economic driver in the U.S. About 98 percent of Minnesota businesses are small. Across the nation, small businesses employ more than 50 percent of the workforce, contribute to more than 50 percent of the GDP, are now hiring two of every three new employees, generate the vast majority of patents and make up 70 percent of our exporters, generating about 30 percent of our export revenue.

“Talking about small business might help get a politician elected but we’d rather see those words put into action,” said Britton, citing a poll from the paper that demonstrates how favorably the public reacts to the term “small business” during an election year. “Outlined in the paper are practical changes that can be easily made to start ensuring small-businesses can have access to affordable healthcare.”

After making the case that small business is vital to our economy, the paper walks through key concerns, issues and recommends changes.

  • Pages 4-6: About a dozen reasons affordable healthcare is vital to small businesses from attracting and retaining employees to remaining open for business.
  • Pages 7-8: Reasons affordable healthcare is less affordable for small businesses than it is for their big business counterparts, including lack of bargaining power.
  • Pages 8-9: The United States’ high cost, low quality healthcare and how this impacts small businesses.
  • Pages 9-11: Healthcare is big business in the United States.
  • Page 11-15: Needed changes, possible solutions, MNsure then and now.
  • Pages 16-19: A look at other models and some myth-busting notes.


Contact
Audrey Britton, Small Business Minnesota public relations director
(612) 807-0311 audrey@smallbusinessmn.org


About Small Business Minnesota

In 2013, Small Business Minnesota (SBM) took an active role in shaping Minnesota’s health insurance exchange (what is now “MNsure”). SBM provided testimony, met with legislators, hosted small-business forums on MNsure and continues to provide MNsure news and information to small-business owners. To date, SBM reminds legislators, reporters and others that the cost of health insurance continues to dominate most, if not all, reputable surveys as small-business owners’ top concern.

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