Secretary Kathleen Sebelius Says Reform is Good For Business
December 11, 2009 by admin · 4 Comments
Yesterday, Health and Human Services Secretary Kathleen Sebelius issued a statement on the “Benefits of Health Reform for Businesses.” A copy of the Statement is available online with links to supporting documentation.
Secretary Sebelius states that a November 30 letter to Senator Evan Bayh from the Congressional Budget Office on the impact of the Patient Protection and Affordability Acts supports claims from legislators that “[s]mall businesses are likely to see premiums drop by 1 to 4 percent under the proposal.”
Premium savings will come from larger risk pools and lower costs owing to administrative savings and increased competition. The statement also concludes that an additional 3 percent in premium savings will come about as the risk pool improves.
Secretary Kathleen Sebelius Says Reform is Good For Business originally appeared on About.com Business Insurance on Friday, December 4th, 2009 at 14:27:27.
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