Colorado State Victories
The following NFIB victories will make a real difference for your business.
Recent NFIB/Colorado victories:
Passed Cost/Benefit Analysis Rule extension, saving small-business owners up to 60 percent in compliance costs
NFIB led efforts to pass the Cost/Benefit Analysis rule extension, saving small-business owners up to 60 percent in compliance costs per employee by preventing unnecessary and duplicative regulations.
Defeated legislation that would have raised workers' compensation costs
NFIB worked to defeat legislation that would have led to an increase in workers' compensation insurance premiums and allowed injured employees to change medical providers after 60 days should the worker not be at maximum medical improvement. This defeat saved business owners a possible 20 percent increase in their workers' compensation insurance premiums.
Defeated health insurance mandates, keeping premiums low
Defeated additional health-insurance mandates concerning expansion of coverage to the dependent of the dependent under an employer-sponsored health plan.
Protected privacy rights by defeating operational mandates
Defeated a mandate requiring any employee applying for Medicaid or other uncompensated health-care coverage to report the name of their employer.
VICTORY: 2002 -- On behalf of its Colorado members, NFIB worked to block more than 300 health care mandates included in the American Psychiatric Association's Diagnostic Statistical Manual of Mental Health Disorders. These mandates would have demanded coverage of such conditions as caffeine addiction, insomnia and jet lag.
VICTORY: 2002 -- Over the last 10 years, NFIB has passed and defended legislation that has led to a reduction in workers' compensation insurance costs in Colorado by an average of 10.2 percent.
VICTORY: NFIB helped design and pass legislation that will refund Business Personal Property (BPP) taxes paid up to the first $500 and 13 percent of the tax paid above $500. This legislation will refund mare than $100 million back into the state's business community each year. New legislation, supported by NFIB and passed in 2000, make the refunds automatic.
VICTORY: NFIB also helped kill legislation that would have, among other things, added huge punitive damages to settlements in wrongful death lawsuits arising from job-related accidents. If the bill had passed, it would have increased liability insurance premiums including commercial auto, product liability and general business liability by an estimated $200 million.
