Commissioner Joseph G. Murphy, Division of Insurance
At our first hearing today on health care costs for small businesses, we heard from a number of business owners who talked about how increases affect themselves and their employees.
Debra Converse, the head of the Hyannis Area Chamber of Commerce, said her 650 small business members have seen increases of 10 to 39 percent.
Many business owners (like Robert Saquet of Eggers Furniture in Middleboro, photo bottom left) said the rate of insurance increase have eliminated employee raises. Gregory Stone, owner of the Lighthouse Inn in West Dennis, said he still pays 80 percent of his employees' insurance, but has been unable to give them raises for five years.
These are the kinds of issues we have heard on occasion from small business owners, and today's hearing shows that Governor Patrick is right when he says reform is needed now.
We look forward to receiving more testimony this week. If you are unable to attend, please send written comments to email@example.com.
SMART RENTING SERIES – Problems, Remedies, and Resolutions posted on Aug 31
Many tenants do not give the landlord trouble with being able to pay rent on time, and many landlords follow all their responsibilities. But when there is a problem, how should it be resolved? There are various remedies that can address a host of problems …Continue Reading SMART RENTING SERIES – Problems, Remedies, and Resolutions
Foreign Currency Exchange posted on Aug 20
Traveling to a foreign country presents various challenges for travelers, but perhaps none is more misunderstood than foreign currency exchange. Not only must travelers be mindful of exchange rates when converting funds, but the means through which money is exchanged can also result in costly …Continue Reading Foreign Currency Exchange
Scam Log Analysis: July 2015 posted on Aug 18
The Massachusetts Office of Consumer Affairs and Business Regulation compiles publicly available scam, identity theft, and fraud complaints from around the Commonwealth via police logs, news outlets, and other sources, as well as through the Office’s Consumer Information Hotline. Below is a quantitative analysis of …Continue Reading Scam Log Analysis: July 2015