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October 29, 2009

Business Groups Already Opposing House Health Bill

Business groups wasted no time in expressing their opposition to the new House health care bill that was released this morning.

A coalition of nine business trade groups sent a letter today to House Majority Leader Nancy Pelosi (D-Calif.) and House Minority Leader John Boehner (R-Ohio), detailing their opposition to the Affordable Health Care for America Act (H.R. 3962).

Specifically, the group admonished Congress for attempting to create a new government-run health insurance plan, mandate employers to provide health insurance and a federally require minimum benefits package for all insurance plans. The group, which includes the Business Roundtable, American Benefits Council, National Association of Manufacturers, National Retail Federation and Corporate Health Care Coalition, also said changes to ERISA could drive up administrative costs for companies that provide health coverage.

“The legislation falls short of the bipartisan goal of controlling costs and jeopardizes employer-sponsored coverage, which now serves more than 160 million Americans,” the letter said.

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