Bush prepares the health plan is aimed at small businesses
President Bush is considering a major initiative for the promotion of small and medium-sized businesses obtain health insurance, but the proposal faces opposition from consumer groups and governors because the insurance would be largely exempt from state regulation .The proposal would allow small businesses and the band buy health insurance through national trade association or professional society. With such a regime, the White House said, small employers can their purchasing power and negotiate premiums less, similar to those offered and large enterprises.
Senator Christopher S. Bond, Republican of Missouri, supported the proposal, explained the logic this way:”If you place an order, as an individual or a very small company, whats up in storage and soda, you can buy at one time. You can not a very good price.”
More than half of all insured workers are either self-employed or working in businesses with 50 employees or less, according to government data.
Officials of the administration said today that Mr. Bush would announce his proposal in the next two weeks, when it sees its national priorities, with a view of the presidential campaign of 2004.
The Congressional Budget Office, said the new plan could reduce insurance premiums for small businesses for an average of 13 per cent.
For years, small businesses have been lobbying for the occasion, the form of national health plans, free of assurance standards of the state, who claim they increase costs. They say their chances of success have increased because Republicans control both houses of Congress. The health costs are the No. 1 concern for many small businesses who have lived annual premium increases of 15 percent to 30 percent or more in recent years.
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