Healthcare reform fails to lower insurance costs without increasing the cost of doing business

091213 at 12:08 am Leave a comment

from NFIB.com

Healthcare reform fails to lower insurance costs without increasing the cost of doing business

Both the U.S. House and Senate have introduced their versions of healthcare reform. Unfortunately, the respective bills fail to address the fundamental needs of the small business community in many ways.

The House has already passed their bill and Senate will move towards passage in the next few weeks. If the Senate is successful, both chambers will then have to combine their versions into one final bill. At that point, the combined bill will be voted on by both bodies for a final time.

President Obama and Congressional leaders are aiming to pass healthcare reform this year, but these timelines continue to move. The floor debate and amendment process will be critical in shaping the final piece of healthcare reform legislation that Congress will attempt to pass and send to the president’s desk to be signed into law.

Since November 30, the U.S. Senate has been debating H.R. 3590, “The Patient Protection and Affordable Care Act”. NFIB opposes the bill because it fails to lower insurance costs and actually increases the overall costs of doing business. Therefore, H.R. 3590 fundamentally fails small business owners and their employees.

Despite the inclusion of insurance market reforms in the small-group and individual marketplaces, the savings that may materialize from the bill are too small for too few and the increase in premium costs are too great for too many. Those costs, along with greater government involvement, higher taxes and new mandates that are disproportionately targeted at small business and are being used to finance H.R. 3590, create a reality that is worse than the status quo for small business.

Don’t be silent and let this bill move forward without making your voice heard. Click here to do your part and tell your Senators they must lower costs without increasing the cost of doing business.

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Entry filed under: business, Legislation. Tags: , , , , .

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