There is nothing more discouraging than to have to retrain employees after they have perfected their skills. They move on to better opportunities and provide a liability to small businesses. It inhibits growth and profit.
Small businesses will also be able to save money on their health care benefits to their employees. They will belong to larger. monitored and cost controlled pools. It will serve to 'stabilize' expenses and allow PLANNING for future growth.
The 'idea' that a repeal of health care reform is suppose to be about stemming socialism. Socialism doesn't necessary allow businesses to function better so much as simply absorb costs by the government. There is nothing 'socialistic' about the Health Care Reform bill.
Consumers are going to help decide the cost of their insurance policies. 85% of the premiums have to be put back into actual health care costs. That means if consumers are healthier by their own design of a healthy food supply, exercise in moderation and clear air with safe working conditions they can bend their own cost curve down. That isn't socialism, that is heavy based in capitalism.
Stop Health Insurance Industry Profiteering (click title to entry - thank you)
by Zack Kaldveer, Consumer Federation of California
July 28th, 2007
Skyrocketing health insurance costs are a huge burden to consumers and businesses alike. Health insurance premiums rose 87 percent from 2000 to 2005, nearly five times the rate of inflation and four times the rate of wages.
Many employers pass these premium increases onto workers. Workers are now paying $1,094 more in premiums annually for family coverage than they did in 2000.
Consider where all this money is going:
• Four HMOs regulated by the Department of Managed Health Care have transferred $3.2 billion in profit out of California since 2002 – enough money to provide full coverage to 1 million Californians for an entire year.
• According to Weiss Ratings, between 2001 and 2005, HMOs and health insurers have increased their profits by 170%.
• Kaiser has $10 billion in reserves in the bank – ten times the state’s requirement – all funded with consumer premiums.
Until California adopts a single payer, “Medicare for All” style health care system (i.e. SB 840, Kuehl), and finally eliminates the private insurance middle man altogether, we need to regulate industry profiteering....
