View Mobile Site
Text Size: Smaller Larger Normal

U.S. needs to control rising cost of healthcare

U.S. needs to control rising cost of healthcare


POSTED September 13, 2017 9:24 a.m.
Share on Facebook Bookmark and Share

Editor, Ceres Courier,

If you own or work for a small or mid-sized business in California, you could be in line to pay for a tax set to come back into effect next year. A short-term break from the federal "sales tax" on health insurance will expire Jan. 1, but there are plans afoot that could extend that moratorium.

Congress needs to make it happen.

I speak for the automotive wholesale industry, a hotbed of local entrepreneurial activity spanning specialty manufacturers, jobbers, warehouse distributors and retailers. The hard-working owners and employees of these companies deserve affordable health insurance.

Unfortunately, they're not getting it. The vast majority, 95 percent of small business owners, say they've seen healthcare costs rise over the past five years. If the Health Insurance Tax comes back 2018, they'll have another $500 per employee tacked onto their premiums.

There are only so many choices when faced with constantly escalating costs-cut wages and benefits, reduce business investments, take the hit to the bottom line, or pass it along to the employees. All of these choices have economic consequences. In fact, the National Federation of Independent Businesses predicts up to 286,000 job losses from this tax alone.

The U.S. needs to get a handle on our healthcare problem. To do it, elected leaders like Rep. Jeff Denham must draw a line in the sand. Costs cannot increase further due to an unfair tax. Congress must put off the Health Insurance Tax again.

Rodney K. Pierini,
President & CEO,
California Automotive Wholesalers' Association,
Sacramento

LETTERS POLICY: Letters to the editor will be considered for publication but must be signed and include an address and phone number. Letters should be 250 words or less and be void of libel. Send to The Ceres Courier, 138 S. Center Street, Turlock CA 95380 or emailed to jeffb@cerescourier.com

 

Enter a Comment:

You must be logged in to post comments.
http://www.cerescourier.com/ encourages readers to interact with one another. We will not edit your comments, but we reserve the right to delete any inappropriate responses.

To report offensive or inappropriate comments, contact our editor.

The comments below are from readers of http://www.cerescourier.com/ and do not necessarily represent the views of The Newspaper or Morris Multimedia.

No comments have been posted. Log in or Register to post a comment.
Advertising Widget
468x60
 

Please wait ...