Navigation Links
Landrieu, Snowe Champion Small Business Health Care Reform Efforts
Date:10/20/2009

Hearing examines the strengths and areas for improvement in reform proposals for small businesses

WASHINGTON, Oct. 20 /PRNewswire-USNewswire/ -- United States Senate Committee on Small Business and Entrepreneurship Chair Mary Landrieu, D-La., and Ranking Member Olympia J. Snowe, R-Maine, today held a hearing to better understand the needs of small businesses in health care reform and to examine whether the current proposals meet those needs.

"We are here today to discuss one of the most critical issues facing small businesses in America today: the rising cost of health care, and to review and analyze the work of both the Senate HELP and Finance Committees," Sen. Landrieu said. "Many of us here in Washington, including myself, Ranking Member Snowe and President Obama, have said that the quality, affordable health care choices we have access to through the Federal Employees Health Benefits Program should be available to all Americans. In Congress, we know that with the right level of rules and regulations and with a large enough pool to spread risk, these exchanges can work. We know this because we are part of one.

"The Finance bill creates an expansive, individual and private insurance exchange that increases competition by creating another choice and pools people together to lower costs. It also provides tax credits and other incentives to help businesses provide coverage and encourage workers to enter the exchange," Senator Landrieu said. "This bill is a step in the right direction because small businesses -- and all Americans -- can't go another pay check without meaningful reform.

"When it comes to the small business health insurance crisis that has plagued this country for years, the status quo is simply unacceptable," said Ranking Member Snowe. "According to the Kaiser Family Foundation, while 98 percent of large firms offer health coverage, only 46 percent of our smallest businesses, those with fewer than 10 employees, are able to provide this vital benefit -- an 18 percent decline in offer rates in this decade alone. We must reverse this pernicious trend by passing comprehensive reform that includes critical provisions from the Small Business Health Options Program, or SHOP Act that I reintroduced with Senators Durbin and Lincoln earlier this year. Additionally, I plan to take into account the immensely valuable perspectives of today's witnesses as this herculean process moves forward."

Without reform, health care costs are expected to continue to rise. In the next decade costs for small businesses will go from $156 billion today to almost $2.4 trillion in 2018 and 178,000 small business jobs will be lost, according to the advocacy group Small Business Majority. Employees will go from spending almost $11,000 a year today to nearly $29,000, the nonpartisan group Business Roundtable says.

To read Senator Landrieu's opening statement, view witness testimony or watch the hearing, please click here.

SOURCE U.S. Senate Committee on Small Business & Entrepreneurship


'/>"/>
SOURCE U.S. Senate Committee on Small Business & Entrepreneurship
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Landrieu, Snowe Convene Roundtable on Healthcare for Small Businesses
2. Senators Snowe and Collins Vote to Protect Americas Kids from Tobacco
3. Maine Community Pharmacy Owner Thanks Sen. Snowe for Supporting Inclusion of Common-Sense Reimbursement Provisions in Medicare Bill
4. Home Oxygen Community Applauds Senators Olympia Snowe and Susan Collins for Joining Bi-Partisan Effort to Formally Oppose Proposed Cuts to Medicares Home Oxygen Benefit
5. Kerry, Snowe Push Finance Committee on Small Business Health Care
6. Fitness Nutritions Amino Acid Complex Olympic Champion Dara Torres Calls The Best Product Ive Ever Used, Selects TransMedia for PR
7. Planned Parenthood Advocacy Project Los Angeles County Celebrates Champions of Choice at Politics, Sex & Cocktails
8. Florida Couple Creates National Emblem to Champion Health Care Reform
9. Video: Anthem Blue Cross and the California Governors Council on Physical Fitness and Sports Launch the Live Like a Champion Tour
10. Purple Communications Dream Bigger Initiative Honors Deaf Floridian and National Champion Motocross Rider as Trailblazer
11. Vestara Announces Agreement with Leading Environmental "Champion for Change" Company Amerinet
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... ... June 27, 2016 , ... ... to revolutionize the emergency ambulance transport experience for the millions of people who ... Uber has disrupted the taxi industry through the use of technology. Now, SmartEMS ...
(Date:6/26/2016)... ... June 26, 2016 , ... Pixel Film Studios Released ... , "Film editors can give their videos a whole new perspective by using the ... CEO of Pixel Film Studios. , ProSlice Levels contains over 30 Different presets ...
(Date:6/25/2016)... Washington, D.C. (PRWEB) , ... June 25, 2016 ... ... will discuss health policy issues and applications at AcademyHealth’s Annual Research Meeting June ... share their work on several important health care topics including advance care planning, ...
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room , ... Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. , ... our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of First ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the ... In terms of the latter, setting the bar too high can result in disappointment, ... just slow progress toward their goal. , Research from PsychTests.com reveals ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... -- Dehaier Medical Systems Ltd. (NASDAQ: DHRM ... sells medical devices and wearable sleep respiratory products in ... agreement with Hongyuan Supply Chain Management Co., Ltd. (hereinafter ... 2016, to develop Dehaier,s new Internet medical technology business. ... leverage Hongyuan Supply Chain,s sales platform to reach Dehaier,s ...
(Date:6/24/2016)... 24, 2016 According to a ... (Standard Pen Needles, Safety Pen Needles), Needle Length (4mm, ... Hormone), Mode of Purchase (Retail, Non-Retail) - Trends & ... studies the market for the forecast period of 2016 ... 2.81 Billion by 2021 from USD 1.65 Billion in ...
(Date:6/24/2016)... 24, 2016  Arkis BioSciences, a leading innovator ... more durable cerebrospinal fluid treatments, today announced it ... funding is led by Innova Memphis, followed by ... private investors.  Arkis, new financing will accelerate the ... market release of its in-licensed Endexo® technology. ...
Breaking Medicine Technology: