|
|
Transcript: MANZULLO: SBA STUDY CONFIRMS SMALL EMPLOYERS NEED OPTIONS TO BATTLE SURGING HEALTH CARE COSTS
- Article from:
- Capitol Hill Press Releases
- Article date:
- January 23, 2003
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
00-00-0000
FOR IMMEDIATE RELEASE JANUARY 23,2003 Manzullo: SBA Study Confirms
Small
Employers Need Options to Battle Surging Health Care Costs (WASHINGTON)
House Small Business Committee Chairman Don Manzullo (R-IL) said a
federal
study released today shows small businesses are paying too much for
their
health insurance and need options to bring down the costs for their
families
and their employees. The study, by the Office of Advocacy of the U.S.
Small
Business Administration, found that administrative expenses for small
business
health plans make up 25 to 27 percent of premiums, compared to 5 to
11
percent administrative costs for large companies' self-insured plans.
Sales ...