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

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


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