Small Business Reacts to Committee Passage of SB 562 (Lara)

Date: April 26, 2017

Universal single-payer health proposal would spike costs and devastate small business

FOR IMMEDIATE RELEASE
National Federation of Independent Business/California
Contact: Shawn Lewis (916) 342-9315; [email protected]
Follow: @NFIB_CA and on Facebook

Small Business Reacts to Committee Passage of SB 562 (Lara)
Universal single-payer health proposal would spike costs and devastate small business

SACRAMENTO, Calif., April 26, 2017 – Following the Senate Committee on Health passing SB 562 (Lara), NFIB California State Executive Director Tom Scott issued the following statement on behalf of our 22,000 dues-paying small business members:

“For the last several years, small business owners have consistently ranked the rising cost of health care as their #1 issue. According to a recent survey of our NFIB membership here in California, 49% of our membership ranked this as a ‘critical’ issue impacting their small business. SB 562 would add unbearable costs on struggling small business owners, at a time when the state is already burdening them with higher minimum wage costs and drastic gas tax increases. According to the non-partisan Legislative Analysist’s Office, universal single-payer health care would cost roughly $250 billion annually—that’s more than double our annual state budget. This bill will kill jobs, hurt working families, and make health care more expensive for all.”

Please click here to read our opposition letter dated April 13, 2017.

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For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB has 350,000 dues-paying members nationally, with over 22,000 in California. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. To learn more visit www.NFIB.com/california

Related Content: Analysis | State | California | Healthcare

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