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AIS Newsletter Finds Four Key Reasons for Lack of Interest in Small Business Health Options Program

Washington, DC (PRWEB) April 16, 2015

Since the beginning of the year, the Department of Health and Human Services has offered regular enrollment updates for federally facilitated exchanges, but has been silent about the state of its Small Business Health Options Program (SHOP). Some industry observers contacted by Atlantic Information Services, Inc.’s (AIS) Inside Health Insurance Exchanges (HEX) wonder if SHOP will ever attract interest. For its April issue, HEX identified four key barriers that could have led to limited participation in SHOP.

(1) The small-business tax credit isn’t attractive enough. The maximum credit is available only to the smallest small businesses (10 or less) with lower average annual wages per worker ($ 25,000 or less), and without real financial incentives, private insurance exchanges will appear to be the better option.

(2) There’s a lack of employee choice when it comes to choosing a plan in SHOP. In most states with federally facilitated exchanges, employers aren’t given the choice to choose a plan on the program, due largely to calls for a delay from state regulators who worried that a poorly functioning employee choice program would lead to delayed payments to carriers, misinformation, consumer confusion and adverse selection, HEX says. Chris Condeluci, a principal at CC Law & Policy in Washington, D.C., who worked for the Senate Finance Committee during the crafting of the health reform law, told HEX that SHOP is “clunky” and “glitch-riddled.”

(3) SHOP faces competition from private exchanges. For most small businesses, private exchanges offer more options and better features, such as decision-support systems, education tools and end-to-end transactional services, Condeluci tells HEX. They also offer full employee choice for medical coverage, and offer ancillary products and services such as vision, dental, life, financial and payroll, increasing their attractiveness.

(4) Once employers have to give up their grandfathered, non-ACA compliant plans, enrollment on SHOP is expected to increase slightly, HEX says, but the majority of employers are expected to explore their options with a broker or move to a private exchange.

“The underlying market isn’t so broken that employers are crying out for a solution,” Rosemarie Day, president of Day Health Strategies and former chief operating officer of the Massachusetts exchange, told HEX. “What they want is dramatically lower premiums, and that’s not what SHOP offers.”

Condeluci worries that more tax dollars will be funneled into SHOP “until we come to the realization that we spent billions of dollars on SHOP, which was a failing exercise.”

Visit http://aishealth.com/archive/nhex0415-01 to read the article in its entirety, which also reviews some of the most successful state-based exchanges in Utah, California and New Mexico.

About Inside Health Insurance Exchanges

Inside Health Insurance Exchanges provides hard-hitting news and strategies on public and private health insurance exchanges, written for business leaders with health plans, pharma companies, hospitals and health systems, brokers and agents, and exchange managers and vendors. The newsletter delivers reliable intelligence on this critical cornerstone of health reform — the players and their partners, product designs and enrollment results, employer perspectives and much more. Visit http://aishealth.com/marketplace/inside-health-insurance-exchanges for more information.

About AIS

Atlantic Information Services, Inc. (AIS) is a publishing and information company that has been serving the health care industry for more than 25 years. It develops highly targeted news, data and strategic information for managers in hospitals, health plans, medical group practices, pharmaceutical companies and other health care organizations. AIS products include print and electronic newsletters, websites, looseleafs, books, strategic reports, databases, webinars and conferences. Learn more at http://AISHealth.com.







Inc.com and Americas Mojo Maven Join Forces to Bring The Magic Of Mojo to Small Businesses Everywhere


Asheville, NC (PRWEB) February 05, 2015

You just never know what can happen in a chance meeting. Such a fortuitous event happened last May when Ariana Ayu found herself engaged in a delightful conversation with Jim Ledbetter, Editor of Inc. Magazine and website. They were both attending a dinner at Inc.’s GrowCo Conference in Nashville, TN and found themselves naturally discussing small business and entrepreneurship. Jim Ledbetter, formerly of Reuters (as well as The Village Voice, Time Inc. and Fortune Inc,) became the Editor of Inc. in January of 2014. He asked Ayu if she’d be willing to contribute a few articles to Inc. com, and her column, “Business Mojo” was born.

What is Business Mojo, you ask? Ariana Ayu says, “I always define mojo as the creative power behind success, and that’s true whether referring to a person or a business. Mojo is an internal factor that shines through the outside structure (i.e. a human being or a business entity). As an individual, mojo makes you magnetic, attracting people to you who want what you offer. As a business, mojo does the same; attracting talent as well as customers.”(1)

Inc.com, which turned 35 this year, is one of the leading print and online publications for small businesses and entrepreneurs. It is the perfect fit for Ariana Ayu’s cutting edge business savvy, and an ideal forum for her sassy and topical writing style. Inc. had a lot of peer recognition in 2014, with the American Society of Magazine Editors singling Inc. out with its 2014 National Magazine Award for General Excellence, AdWeek readers picking Inc. as a Readers’ Choice on the AdWeek Hot List, and Ad Age naming Inc. to its sought-after A-List. Inc. was also nominated as a 2015 finalist in two categories of National Magazine Award, including General Excellence. (2)

“People think business is all business, but it’s not. Business is about people,” says Ayu. “When we honor the human factor within business we improve our bottom line, the economy, and the lives of all those we touch.” This applies to large corporations as well as small businesses. Ayu has worked as a high-level executive and board member for a multimillion-dollar consulting company as well as working for and with companies ranging from 1 person to more than 10,000.

“Small businesses are the driving force of the economy and create 70 percent of the jobs in America,” Eric Cantor, R-7th, said in a Nov. 25 news release.(3) Small businesses matter. They are instrumental to the American economy and are the building blocks of the largest corporations. Today, 2 out of 3 new jobs are created by small employers, which employ about 120 million people from the private sector workforce. More than 40% of the high technology workers in America are employed by small firms who also produce 13 times more patents per employee than larger firms. (4)

Ariana Ayu, CEO and founder of several companies, including Ayutopia International, which develops profitable collaborative corporate cultures, personal celebrity brands, and custom branded websites has written a number of informative and entertaining articles for Inc., including “Is Your Management Style Scaring Your Employees?” “The Enormous Cost of Unhappy Employees” and “Business Mojo: 4 Ways to get More Mojo into Your Company Culture.” Her full repertoire of Inc.com articles can be found at http://www.inc.com/author/ariana-ayu.

Inc. is the only major business magazine edited exclusively to guide CEOs and owners of small-to-midsize companies to success. Inc. provides fresh, insightful analyses to give the major players in the business world the tools they need to excel. Each issue, written by managerial gurus and experts, utilizes real life examples of strategies, case studies, and successes and failures edited specifically to illuminate new ways in which its readers can benefit. Big and small organizations alike turn to Inc. to make sense of ever-changing business world. (5)



ABOUT ARIANA AYU

About Ariana Ayu — Often called America’s Mojo Maven, Ariana Ayu helps businesses grow and succeed with strategic consulting that brings more of their “IT factor” to life. She is a celebrated business and marketing strategist, interpersonal expert, international speaker, executive coach, and entrepreneur. Author of “The Magic of Mojo” series and the column “Business Mojo” on Inc.com, Ariana guides individuals on a step-by-step path to achieve both success and happiness – without sacrificing one for the other. Ariana was named Woman of the Year by the National Association of Professional Women and is an executive board member of the National Women’s Political Caucus.

Learn more at http://www.Ayutopia.com.

(1)    http://www.inc.com/ariana-ayu/business-mojo.html

(2)    Excerpt and quote from http://www.inc.com/eric-schurenberg/inc-a-great-year.html

(3)    http://www.richmond.com/news/article_727be046-0ddd-50e7-9f3e-351b5666d4eb.html

(4)    https://www.sba.gov/sites/default/files/sbfaq.pdf

(5)    http://www.incmagazine-digital.com/incmagazine/november_2014/Brand.action?lm=1414744262000







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Direct Lending Investments Commits $250 Million to Biz2Credit’s Marketplace Lending Platform to Purchase Small Business Loans


New York, NY (PRWEB) December 30, 2014

Direct Lending Investments (http://www.dirlend.com), a marketplace lending and investment firm, today announced that it will invest $ 250 million over the next three years into Biz2Credit’s expanding marketplace lending platform for small business owners.

The commitment of capital will underwrite financial products and loans of various durations.

“Teaming with Biz2Credit underscores our commitment to helping entrepreneurs succeed by giving them fast access to the funds they need to start, grow, and manage their businesses,” said Brendan Ross, president of Direct Lending Investments, and an expert in alternative assets. “The Biz2Credit platform is a market leader in terms of underwriting speed and risk mitigation and has proven to be a successful platform for our investors.”

Direct Lending Investments is a marketplace lending and investment firm that makes short-term, high-yield small business loans available in fund form to accredited investors looking for high income and growth that is not correlated with stock market inflation risk.

“Over the last 15 years, banks have all but abandoned the small and midsize companies across the country in need of financing. Even when these loans are made by banks, it can take months for the funding to come through, but business owners often need more immediate solutions,” added Ross, who has directed the purchase of more P2P-originated U.S. small business loans than any other institutional investor. “We are excited to partner with the small business lending experts at Biz2Credit, a company that has made it easier for entrepreneurs to quickly and efficiently secure the funding they need to launch and grow their businesses.”

“Direct Lending has already invested millions of dollars on our platform. Our two companies have great synergy, and I am excited to expand our partnership,” said Ramit Arora, president of Biz2Credit. “Many times, small business owners cannot afford to wait for an infusion of capital. Our credit marketplace provides a faster options than traditional bank loans for entrepreneurs who need money quickly to close a deal. It’s a win-win situation for borrowers and lenders.”

About Biz2Credit

Founded in 2007, Biz2Credit has arranged more than $ 1.2 billion in small business funding throughout the U.S. and is widely recognized as the #1 online credit resource for startup loans, lines of credit, equipment loans, working capital and other funding options. Using the latest technology, Biz2Credit matches borrowers to financial institutions based on each company’s unique profile — completed in less than four minutes — in a safe, efficient, price-transparent environment. Biz2Credit’s network consists of 1.6 million users, 1,300+ lenders, credit rating agencies such as D&B and Equifax, and small business service providers including CPAs and lawyers. Visit http://www.biz2credit.com, follow on Twitter @Biz2Credit, and join on Facebook at http://www.facebook.com/biz2credit.

About Direct Lending

Direct Lending Investments is a marketplace lending and private investment firm that makes short-term, high-yield small business loans available in fund form to accredited investors looking for high income and growth without inflation risk. The firm is the general partner of Direct Lending Income Fund LP. As the general partner, the firm continuously builds and monitors the Direct Lending Income Fund’s portfolio to ensure loan diversification, risk mitigation, and portfolio cash flow.

Direct Lending Income Fund LP owns a diversified pool of high-yielding, 6-24 month small business notes, which are purchased from multiple lending platform partners. These lenders make loans to qualified, established small businesses that fit the Fund’s strict filtering criteria. The Fund buys and holds these notes, from which it expects to generate high monthly returns, strong portfolio cash flow, and low volatility. Please visit http://www.dirlend.com to learn more.







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Bill D. Bensinger Joins Christian & Small LLP


Birmingham, Alabama (PRWEB) November 13, 2014

The law firm of Christian & Small LLP, headquartered in Birmingham, Alabama, announced today that Bill D. Bensinger has joined the firm as a Partner focusing on areas such as commercial disputes, bankruptcy and restructuring litigation. He represents creditors, franchisors, landlords, unsecured creditors’ committees and financial institutions in a wide variety of matters, including preference and avoidance actions, workout transactions and insolvency matters.

“It is a pleasure to join Christian & Small LLP and to continue my career alongside a very talented group of attorneys,” Bensinger said.

Bensinger graduated with a Masters of Law in Bankruptcy from St. Johns University School of Law and with a J.D. from Samford University’s Cumberland School of Law. He is a member of the American Bankruptcy Institute, American Bar Association and the Alabama State Bar. He was the coach of the Cumberland School of Law team for the annual Conrad B. Duberstein National Bankruptcy Moot Court Competition and was selected for inclusion by Alabama Super Lawyers® in 2012 – 2014 as a Rising Star in the field of Business Litigation (Bankruptcy and Creditors’ Rights).

About Christian & Small LLP

Christian & Small represents a diverse clientele throughout Alabama, the Southeast and the nation with clients ranging from individuals and closely held businesses to Fortune 500 corporations. By matching highly experienced lawyers with specific client needs, Christian & Small develops innovative, effective and efficient solutions for clients. Christian & Small focuses on the areas of litigation, business and tax and is a member of the International Society of Primerus Law Firms and the only Alabama member firm in the Leadership Council on Legal Diversity.







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Silvio Melim Jumps into Small Business Ownership with Fun Fitness


Escondido, Calif. (PRWEB) October 30, 2014

They say if you love what you do, it will never feel like work, and that maxim definitely rings true for Silvio Melim. The former IT professional left his corporate job after 17 years to pursue his dream of business ownership, and now, he doesn’t go to work — he goes to “fun.”

“Working for myself, I [put in] more hours than when I worked for someone else,” Melim stated. “The difference is, it doesn’t feel like work. I hate to call it ‘work’ because I’m doing something I love.”

Melim chose to launch Fun Fitness, an independent, high energy boxing (recreation only) or non-contact circuit training program that encourages people to get fit in a fun, bright environment. The program is designed to get maximum results in the shortest amount of time, working every muscle in the body in 30-minutes or less.

“The best thing about being a business owner is the freedom to do whatever I want and hire whomever I want,” Melim said. “Knowing that I’m working for myself instead of someone else makes getting up in the morning worthwhile.”

Melim utilized the services of small business financing firm Guidant Financial to fund his start-up. Using an arrangement called Rollovers for Business Start-ups, Melim invested money from his retirement account into his new business without taking a taxable distribution, a process he described as “simple, easy and straightforward.”

Fun Fitness, located at 1281 N. Escondido Blvd., Unit A, will celebrate its grand opening this Saturday, Nov. 1, from 8 a.m. to Noon. Free prizes, refreshments and discounted membership fees will be offered to visitors. To learn more about the Fun Fitness program, call 442-999-5496, email silvio(at)fun-fit(dot)club or visit fun-fit.club.

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About Fun Fitness

Fun Fitness strives to help people get fit by motivating and stimulating them with a high-energy, circuit-training program. Their upbeat atmosphere is led by energetic trainers (included in membership) and robust music that keeps patrons energized and focused. Their workout programs are constantly refreshed in an effort to prevent boredom, designed to generate maximum results in the shortest amount of time. The Fun Fitness philosophy centers on helping customers create a well-rounded life through a dynamic fitness program paired with proper nutrition. To learn more, visit fun-fit.club.

About Guidant Financial

Guidant Financial helps people create the life they want through innovative small business financing. They are the premier provider of rollovers for business start-ups (ROBS). Guidant’s services allow people from all walks of life the freedom to purchase small businesses and franchises using their retirement funds without taking a taxable distribution or getting a loan, in addition to offering traditional funding options such as SBA loans, portfolio loans and unsecured credit. Visit Guidant on the Web at guidantfinancial.com.