WASHINGTON, D.C., November 8, 2009 - In response to House passage of H.R. 3962, the Affordable Health Care for America Act, last night, National Association of Manufacturers (NAM) Executive Vice President Jay Timmons issued the following statement:
The National Association of Manufacturers (NAM) actively supports health care reform that lowers cost and improves care. Ninety-seven percent of NAM members, voluntarily provide employees with quality health benefits. We advocate reforms that will reduce costs, improve efficiency and raise quality of health care.
Unfortunately H.R. 3962 fails these key tests. The public option will shift even more costs to private plans. Poorly conceived changes to the Employee Retirement Income Security Act (ERISA) will impose new cost burdens on business. And the 5.4 percent surtax on small business will add even more taxes to manufacturers struggling to emerge from the longest and deepest recession since the 1930s.
Manufacturers will continue to work diligently with the Senate for responsible health care reform that focuses on reducing costs, improving access and preserving what is working in the current system.
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