Ohio Small Business Council member Victoria McCoy testified in support of Senate Bill 9; legislation that would require a health plan issuer to release each group policyholder’s monthly claims data.
The cost of health care is one of, if not the top expense for a business. We believe that this bill will help small businesses by allowing those with 50 or more full-time employees to access more data as they make their decision about which health plan they will choose.
However, we would like to see the threshold go below 50 full-time employees in order to capture and assist more small businesses. Nevertheless, Senate Bill 9 does serve as a positive step forward to aid small businesses in their effort to control health insurance costs.
The Ohio Small Business Council as a whole sent a letter of support of Senate Bill 9 and it is our hope that this bill will move through the committee process quickly and implemented into law for the benefit of Ohio’s business climate.