NAM Concerned By Bill's Costs For Manufacturers

October 14, 2009

In a press release (10/14) the NAM's Executive Vice President Jay Timmons said the NAM "commends Chairman Baucus (D-MT) and the Senate Finance Committee for their continuing efforts to create a balanced plan for health care reform" but the NAM have "significant concerns that the bill will add costs for manufacturers." The NAM "believes any health care reform should enable employers to continue offering flexible, generous health benefits without increasing the cost of doing business." The NAM also "commends the Committee on the exclusion of the public option, which would severely weaken manufacturers' ability to sustain employees' health benefits plans and would have a negative impact on the overall economy." However, the NAM "remains deeply concerned that the Senate Finance Committee's bill overall will add costs to the health care system and, by extension, the manufacturing community, on top of the already spiraling costs manufacturers and their employees face today."