On the recordMay 5, 1994
small business is a vital and truly American part of our economy. Small business creates good jobs and provides the opportunity to realize the American Dream. Unfortunately, the skyrocketing cost of health care is threatening small business. Four out of five small businesses already provide health coverage for their employees. Because small businesses don't have the buying power of large firms, they face an uphill climb against larger corporations. Small business owners--who can least afford it--are paying 35 percent more than big business for health care. President Clinton understands this problem and that's why his plan will level the health care playing field. Under President Clinton's plan small business will have the purchasing clout to contain health costs. And small, low-wage business will receive large discounts of 25 to 85 percent for health care coverage. Mr. Speaker, it is clear President Clinton's health care plan is a big winner for American small business and the American people.
Source
govinfo.gov




