75 Years of Colorado River Water: A Historic Investment
Gary Toebben on June 7, 2016 at 9:00:00 am in The Business Perspective Comments (0)
This June marks the 75th anniversary of water flowing 240 miles west from the Colorado River to Southern California through a system of tunnels, pumps and aqueducts that remains an engineering marvel. The Metropolitan Water District of Southern California, which the state Legislature created in 1928 to advance this mission, is celebrating this milestone with a series of events that will pay testament to the visionary leaders whose investments in a modern water system now benefits 19 million Southern Californians.Read More
Englander and Napolitano for L.A. County Board of Supervisors
Gary Toebben on May 31, 2016 at 9:00:00 am in The Business Perspective Comments (0)
This election season marks a historic change on the Los Angeles County Board of Supervisors. Due to term limits, two long-time Supervisors will be stepping down this December, ushering in a major shake-up on the non-partisan five member board. With a $28-billion budget and management of the country's largest jail and foster care system and second-largest public health system, it is vital that those seats go to individuals with a clear vision for the County, the ideas to make that vision a reality, and the fiscal restraint to keep County services stable no matter our economic future. The L.A. Jobs PAC interviewed the candidates for both Supervisorial Districts 4 and 5 and strongly endorsed Steve Napolitano and L.A. City Councilman Mitch Englander.Read More
Expo Line Is Popular - Thanks To L.A. County Voters
Gary Toebben on May 24, 2016 at 9:00:00 am in The Business Perspective Comments (0)
Last Friday, shortly before noon, a long line snaked its way around the intersection of Colorado Avenue and 4th Street in Santa Monica. Parents with young kids, cyclists, a chanting group of L.A. Football Club fans plus hundreds more were waiting patiently for the chance to ride one of the first Expo trains leaving Santa Monica for downtown. For the first time since 1953, it's now possible to take transit from the "skyline to the shoreline," as Mayor Eric Garcetti pronounced during the opening celebration. Metro Chairman, Supervisor Mark Ridley Thomas, carried a surfboard to the celebration, and within the first four hours, an estimated 15,000 to 20,000 passengers boarded the Expo Line.
Small Businesses are the Backbone of the California Economy
Gary Toebben on May 17, 2016 at 9:00:00 am in The Business Perspective Comments (0)
Recently, Florida Governor Rick Scott made waves when he traveled to California to poach businesses to leave the state. California Governor Brown quickly shot back that, "We're competing with nations like Brazil and France, not states like Florida." With the largest economy in the country and the 8th largest in the world according to a 2015 World Bank report, California is an ATM for political candidates and a breadbasket of great companies for governors to poach.
Readers of the “Business Perspective” know that our companies, both large and small, face major challenges with California’s business environment, including many burdensome and costly regulations and expensive housing for employees.Read More
Wondering if you are an applicable large employer?
Covered California on May 11, 2016 at 10:00:00 am in Health Care Waiting Room Comments (0)
Health Insurance Rules Changing In 2016 For Businesses Considered Large; Those With 100 or Fewer Employees Could Still See Big Advantages.
When it comes to the Patient Protection and Affordable Care Act, many employers have to determine if their business is big enough, where they must offer health insurance to their employees under the law.Read More
Planning For Growth, Prosperity & Quality of Life
Gary Toebben on May 10, 2016 at 9:00:00 am in The Business Perspective Comments (0)
Last week, the L.A. City Council voted unanimously to finally move forward with construction of a Target store on Sunset and Western. This project, which has broad neighborhood support, has been stalled for two years due to lawsuits. The Chamber applauds this long overdue decision.
L.A. Floods the Halls of Congress
Gary Toebben on May 3, 2016 at 9:00:00 am in The Business Perspective Comments (1)
Last week, more than 170 business and civic leaders spent two and half days in our nation’s capital, advocating for issues vital to the economic vitality and quality of life in the Los Angeles region. On the Chamber’s annual ACCESS Washington, D.C. trip, the delegation was joined by L.A. Mayor Eric Garcetti; L.A. City Councilmembers Joe Buscaino, Mitch Englander, Marqueece Harris-Dawson, and Nury Martinez; elected officials from the cities of Glendale, Manhattan Beach, Redondo Beach and West Hollywood; LAUSD Superintendent Michelle King; LAUSD Board President Steve Zimmer; and members of the Redondo Beach School Board.Read More
How Good Environmental Legislation Goes Wrong
Gary Toebben on April 26, 2016 at 2:00:00 pm in The Business Perspective Comments (1)
I am in Washington, D.C. this week with more than 170 elected officials, business and civic leaders for the Chamber’s annual ACCESS Washington, D.C. advocacy trip, so I decided to share with you an April 21 op-ed in the Los Angeles Times by former editor and columnist Jim Newton. The Chamber actively supports the subject of this op-ed: the Southern California International Gateway.Read More
Global Trade Means Jobs - Let's Celebrate
Gary Toebben on April 19, 2016 at 9:00:00 am in The Business Perspective Comments (1)
On May 3, the Chamber will celebrate the 90th annual World Trade Week Kickoff Breakfast. This event, attended by 600 community and international leaders, ignites a month of activities highlighting the importance of global trade to families and businesses in Southern California. This year’s breakfast will feature Alan F. Horn, chairman of The Walt Disney Studios, as well as special appearances by Congressman Ed Royce, chairman of the House Foreign Affairs Committee, and Los Angeles Mayor Eric Garcetti. The breakfast will include the presentation of the prestigious Stanley T. Olafson Award for promotion of international trade to Ilse Metchek, president of the California Fashion Association and Fred Latuperissa, director of the U.S. Department of Commerce’s Southern California Inland Empire office.Read More
Payments for cost sharing increasing rapidly over time
Gary Claxton, Larry Levitt, Michelle Long - Kaiser Family Foundation on April 13, 2016 at 10:00:00 am in Health Care Waiting Room Comments (0)
Rising cost-sharing for people with health insurance has drawn a good deal of public attention in recent years. For example, the average deductible for people with employer-provided health coverage rose from $303 to $1,077 between 2006 and 2015.
While we can get a sense of employees’ potential exposure to out-of-pocket costs by looking at trends in deductibles, many employees will never reach their deductibles and other employees may have costs that far exceed their deductibles. In addition to deductible payments, some employees also have copayments (set dollar amounts for a given service) or coinsurance payments (a percentage of the allowed amount for the service). To look at what workers and their families actually spend out-of-pocket for services covered by their employer-sponsored plan, we analyzed a sample of health benefit claims from the Truven MarketScan Commercial Claims and Encounters Database to calculate the average amounts paid toward deductibles, copayments and coinsurance.Read More