Hundreds of small businesses in Michigan that use an association health plan for health benefits shouldn't worry yet about a federal judge’s ruling that struck down a 2017 executive order by President Trump. Rob Fowler, president of TranscendAHP, expects that the U.S. Department of Labor will appeal Thursday’s ruling by U.S. District Judge John Bates of the District of Columbia.
The association health plan two business groups formed last fall for small Michigan-based employers has recorded strong enrollment in its early months. TrascendAHP — created in October by the Lansing-based Small Business Association of Michigan and Warren-based Michigan Business and Professional Association — enrolled about 300 small businesses through January. Those companies account for more than 1,400 contracts between TranscendAHP and their employees for health coverage.
Health insurance rates for small businesses in 2018 stand in sharp contrast to the state of the individual market in Michigan.
Over the past decade, many small business owners put off expansions or capital equipment purchases for as long as they could.
No matter whether you love or hate the Patient Protection and Affordable Care Act, what’s become clear is that 2017 will bring major changes to the federal health care reform law.
The Small Business Association of Michigan wants to find a route to further improve the state’s entrepreneurial climate.
The environment for an entrepreneur to start and grow a business in Michigan continues to improve, although gains are slowing after a decade of significant change as other states do better as well.