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Kerry, Snowe Push Finance Committee on Small Business Health Care
Date:10/24/2007

re reform.

We therefore submit to you the following principles that we believe should guide effective legislation in the Finance Committee to bring more quality, affordable health care options to small business owners and their employees.

Specifically, we support federal tax incentives provided to small businesses to help:

1) Increase health insurance coverage of small business owners and their employees by stabilizing and enhancing the ability of small employers to provide quality and affordable group health insurance options. For example, targeted employer-based tax credits which would improve coverage for small firms that currently cannot afford to offer health care;

2) Encourage robust and fair pooling mechanisms that empower small employers to obtain or provide health insurance to their employees while protecting vulnerable firms and their workers from being priced out of the market;

3) Increase the choices of quality health coverage options available to small firms by promoting competition and cost-containment in the small group health insurance marketplace; and

4) Provide the self-employed and sole proprietors with additional opportunities to purchase meaningful health coverage.

We look forward to working with you and our colleagues in the Finance Committee to ensure that these principles are met, and that they form the foundation of what will be a targeted response to the escalating costs and unstable market conditions facing small firms and their employees.

Sincerely,

John F. Kerry

Chairman

Olympia J. Snowe

Ranking Member


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SOURCE U.S. Senate Committee on Small Business & Entrepreneurship
Copyright©2007 PR Newswire.
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