Small businesses support health insurance exchange
At a House Education and Labor Committee health reform hearing on June 23, 2009, John Arensmeyer, chief executive officer of the Small Business Majority, released a new survey of small business owners in 16 states. The survey found that 81 percent of small business owners support a health insurance exchange and that 66 percent of small businesses are willing to share responsibility for paying for it.
“A system requiring an employer contribution, with appropriate levels of tax credits, sliding scales and exclusions, will give small businesses the relief they need, potentially saving as much as $855 billion over the next ten years, reducing lost wages by up to $339 billion and minimizing job losses by 72%,” said Mr. Arensmeyer. The committee’s draft is “workable,” he explained, “and if properly designed can produce substantial benefits for small businesses.”
For further information, visit http://edlabor.house.gov/documents/111/pdf/testimony/20090623SBMstatesurvey.pdf
Source: Spencer’s
Reprinted with permission. © CCH
(Submitted July 1, 2009)
<p>Small businesses support health insurance exchange At a House Education and Labor Committee health reform hearing on June 23, 2009, John Arensmeyer, chief executive officer of the Small Business Majority, released a new survey of small business owners in 16</p>