Commitee On Energy And CommerceChairman Henry A. Waxman and Subcommittee Chairman Bart Stupak today announced that the Subcommittee on Oversight and Investigations will hold a hearing on April 21, 2010, regarding claims by Caterpillar, Verizon, and Deere that provisions in the new health care reform law could adversely affect their company's ability to provide health insurance to their employees. These assertions appear to conflict with independent analyses, which show that the new law will expand coverage and bring down costs.
Chairman Waxman and Subcommittee Chairman Stupak sent a letter to the Chief Executive Officers of Caterpillar, Verizon, Deere and others requesting their testimony at the hearing as well as information and documentation from each company on the law's projected impact.
I'd be interested in how this plays out.The Steamboat Pilot on Wednesday quoted worried officials from the Steamboat Ski and Resort Corp. to the effect that the health-care measure approved three days earlier could cost them $2 million a year starting in 2014. The story said the ski industry has a huge number of uninsured seasonal employees who work enough to qualify for full-time benefits.
There is some concern in the industry, said Jennifer Rudolph of Colorado Ski Country USA, which has 22 members statewide.
“But (the legislation) was no surprise, and we’ve been in constant conversation with our members,” Rudolph said. “It will stay on our radar while we figure out what it all means.”
Dave Byrd, director of education and risk at the National Ski Areas Association, was more emphatic.
“This is a serious, serious issue,” Byrd said. “We’re all scrambling to make heads and tails of it.”
The legislation, which calls for a $2,000 per employee fine for failure to insure full-time workers (30 hours or more a week), offers half-hearted exemption for seasonal workers, but it’s not enough, Byrd said. There are too many unresolved issues, he said. Ski resorts are a lifeline, providing employment in job-poor rural areas and at a time when work is scarce, Byrd said.
Also here is the 2074 page heathcare bill and the changes.