The next WHDTC town committee meeting will be Thursday May 16. details to follow. There will be a consideration of this resolution:
Small businesses employ over 700,000 people in Connecticut – almost half the state’s workforce – and yet less than half can afford to offer health insurance to their employees, a 26-percent decline since 2008. This means that a quarter of our workforce has no access to health care in the workplace. Those who have coverage face outrageous deductibles and premiums that usually mean never actually seeing $1 of benefit.
This is a very serious problem, not only for small businesses and their workforce that drive Connecticut’s economic growth, but for all of us. Small businesses are Connecticut’s economic engine. They need a fair chance to compete for a reliable quality workforce with dependable and affordable benefit packages, without compromising the state budget. Connecticut can do better by its small businesses.
HOW THIS HELPS SMALL BUSINESSES Small businesses and their employees face incredible financial pressures, including unstable costs and workforce dependability. They deserve relief. They deserve more options.
The State of Connecticut manages the largest employer health plan in the state and has negotiated below-average costs compared to the broader market. While private market premiums increase by double-digits (alongside growing corporate profits), the state plan costs were dramatically and consistently lower and more stable in recent years. Why? Because when you provide affordable access to preventive care and focus on managing chronic illness, then everyone benefits because health care is cheaper in the long run and a healthy workforce is a more productive workforce.
This legislation would allow the state to use its smarter approach to care, and its negotiating power, to offer dependable, reliable quality health care plans that are tailor made for small businesses. Businesses would have more options to choose from, including a private-market plan option as they have now, or multiple plans provided by Connecticut that are driven strictly by health care quality over profits and salaries. These plans would be strictly optional for small businesses to consider.
FAIRNESS FOR SMALL BUSINESSES RESOLUTION
A Resolution in Support of Providing Quality Affordable Health Care for Small Businesses and their Workforce
Be it resolved that the West Hartford Democratic Town Committee hereby demands that Connecticut provide better quality health care options for small businesses and their employees at no cost to taxpayers.
Small businesses are sick and tired of being unable to find or retain skilled workers, being unable to compete with giant corporate benefit packages, facing double-digit increases in costs for overly complex gimmicky health care coverage, having to choose between offering no coverage to workers or else face unpredictable and unstable health care costs or paying outrageous costs for nothing – for high-deductible plans where employees rarely see even $1 worth of benefit. Small businesses want more affordable benefits to entice quality employees, to access reliable and affordable health care, to benefit from a healthy and productive workforce, and to obtain the same access to quality affordable care that others get.
Be it resolved that the West Hartford Democratic Town Committee urges our state legislative delegation to pass House Bill 7267, An Act Concerning Public Options for Health Care that will allow the state to leverage its negotiating power to provide dependable health plans tailor made for small businesses and their workforce.