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May 22, 2007 |
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| In
this issue you'll read:
Health Insurance Pooling Legislation Signed, Planning in Process Small Business Health Care is Hot: Member Representative Needed on Panel Chronic Disease Management Session - Bonus to ABI Convention STAFF: Government Relations Team: John
R. Gilliland Kellie
Paschke Tess
Dickinson ABI ADVISORY COUNCIL
Resources & Links ABI
Political Education & Action Center Iowa
Prosperity Project Upcoming
ABI Events - Mark Your Calendar! Workers
Comp Seminar ABI
Annual Convention Workforce
Solutions Tour Creating
a Drug-Free Workplace Solutions Tour Employee
Drug Testing Compliance ABI
Environmental Conference Manufacturing
and Distributors Conference Copyright
© 2007 Association of Business and Industry. All rights reserved. Text,
graphics, and HTML code are protected by U.S. and International Copyright
Laws, and may not be copied, reprinted, published, translated, or otherwise distributed by any means without explicit permission. |
Health
Insurance Pooling Legislation Signed, Many ABI
members companies have been greatly impacted by the rising cost of
providing heath insurance to their employees.
Small businesses have seen some of the highest increases –
exceeding double digits for the past several years.
A priority for ABI was to find relief for skyrocketing health
insurance premiums. We
worked closely with the insurance industry and the Insurance
Commissioner to craft legislation that could help stabilize these costs. This year
the legislature passed, and the Governor signed, HF 790 - the bill that
allows associations such as ABI to pool small employers (those with 2-50
employees) for the purpose of purchasing health insurance. While
there are certain requirements that must be met to establish the pool, ABI
will easily meet these requirements. Allowing small
employers to pool their employees will help them achieve certain
administrative costs and economies of scale that, in the end, will help
stabilize health insurance premiums.
HF 790 also allows insurance
companies to provide premium credits or discounts to small
employers for the benefit of employees who participate in
wellness and disease management programs. Such credits and
discounts encourage healthier behaviors and work to reduce the overall
costs of providing health care - while also reducing the cost of health
insurance. ABI is working with its insurance partner, TrueNorth Companies, regarding developing insurance pooling programs to benefit members. As a part of the due diligence involved in this process, members of the ABI Board and staff will be meeting with four of the major insurance carriers to discuss potential programs on Thursday, May 31.
The
commission plans to have its first meeting in late June and schedule
additional meetings throughout the summer and fall to complete a report
for the Legislature in early 2008. The
commission is charged with reviewing the following:
The
summit will highlight incentives to engage the patient and lower total
healthcare costs. Attend to hear how Iowa Companies are
successfully lowering costs, how employers are investing in health and
wellness, and to hear about the recently-passed Health Insurance Pool
legislation. The summit will be held from 10:00 a.m. to 1:00 p.m.
on Wednesday, June 13, and is sponsored by ABI member GlaxoSmithKline. Register
today for this NO COST
As a member
of the business community, you know how important it is for ABI to
advance a pro-active agenda to grow While
contributions to IIPAC have remained consistent over the past 5 years,
other PAC’s have increased. Donations
to union and trial lawyer PAC have nearly DOUBLED!
We need to build the resources to elect more pro-business
candidates next year. But we
need to start TODAY. Please help
us by donating to IIPAC. Contributing
is easier than ever. The
future of your business, and your bottom line, depend on it!
CLICK
HERE!
This
session, a group of House Democratic legislators was instrumental in
helping to defeat a number of anti-business bills.
IIPAC, along with several other business organizations, will be
hosting an event to thank the following legislators who provided key
leadership this session on important business issues:
Representative McKinley Bailey, ABI members
are strongly encouraged to attend and personally thank these legislators
for their pro-business stance in the face of some very strong
opposition. Please join us to thank them for their efforts! Thursday,
June 28, 2007
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Iowa
Association of Business and Industry |
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