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Landrieu, Snowe Convene Roundtable on Healthcare for Small Businesses
Date:7/9/2009

WASHINGTON, July 9 /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 convened a roundtable to discuss healthcare reform proposals as they relate to small businesses. Participants at the roundtable, entitled "Healthcare Reform: The Concerns and Priorities from the Perspective of Small Businesses," included U.S. Sen. Ron Wyden, D-Ore., Metairie, La. businessman Michael Mitternight and representatives from several small business advocacy organizations.

"This is the 12th meeting of the Senate Committee on Small Business and Entrepreneurship that I have chaired this Congress. While the topics have ranged from entrepreneurial development to trade to lending, I continue to hear from small business owners that their number one concern is healthcare," Chair Landrieu said. "The cost of providing coverage is rising at an unpredictable and unsustainable rate, making it difficult for small business owners to secure stable healthcare for their employees. According to the National Small Business Association, many small businesses have reported yearly premium increases of as much as 20 percent for the past four years. Simply put, we need to reform our health care system to provide small businesses the opportunity to grow and prosper. The cost of doing nothing is just too great."

"As former Chair and now Ranking Member of the Senate Small Business Committee, if there's one concern I've heard time and again - from small businesses in Maine and across the country - it's the exorbitant cost to small businesses of providing health insurance to their employees," said Ranking Member Snowe. "Further compounding the crisis is that small group insurance markets currently have no real competition, as evidenced by the alarming trend of consolidation in the state small group insurance markets. Small business health reform must be
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SOURCE U.S. Senate Committee on Small Business & Entrepreneurship
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