FOR IMMEDIATE RELEASE

Media Contact:
Conan Knoll

conan@emccommunications.com

(831)524-6764

Small business group: Lowering healthcare costs will boost Main Street

Statement by Small Business for America’s Future Co-chair Anne Zimmerman, Founder & Owner of  Zimmerman & Co. CPAs comments on Health and Human Services Secretary  Xavier Becerra's visit to Ohio

July 6, 2023--Skyrocketing healthcare costs have been a burden for small business owners for years, hindering growth and digging into their bottom lines. It’s great to see Health and Human Services Secretary Xavier Becerra discuss what the Biden administration is doing to address rising costs. 

We desperately need it here in Ohio with more than 743,000 people uninsured, likely because it's too expensive. A Small Business for America’s Future survey showed four in ten small business owners are not offering health insurance, and nearly 80% said it was because the cost was too high. This can affect their ability to attract and retain employees. 

However, policies like the Inflation Reduction Act are  tackling high prescription drug costs. The policy includes a provision that requires drugmakers to offer rebates for charging prices that rise faster than inflation for people on Medicare. This month, the administration again acted to rein in costs and recipients could see savings on 43 more prescription drugs including medications for cancer and arthritis.

We hope lawmakers in Washington build on the success of this legislation and do more to help Main Street thrive.

To request an interview with Small Business for America’s Future Co-chair Anne Zimmerman, contact Conan Knoll at 831-524-6764 or conan@emccomunications.com.

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About Small Business for America’s Future
Small Business for America’s Future is a national coalition of small business owners and leaders working to provide small businesses a voice at every level of government. We’re committed to ensuring policymakers prioritize the nation’s 30 million small businesses to create an economy that works for them, their workers and their communities. Visit www.smallbusinessforamericasfuture.org. Follow us on Twitter and Facebook. #SmallBizAF.