BRT companies provide health care coverage to over 35 million American workers, retirees and their families. Read more about Health Care Reform.
Health Care Reform
With its member companies providing health care coverage to over 35 million American workers, retirees and their families, Business Roundtable has always been a strong advocate for health care reform, recognizing the need to slow rising costs, improve efficiency and ensure continued quality to relieve the financial burdens on American families, increase workers' mobility, spur job creation and strengthen American competitiveness in the global market.
The new law has the potential, if implemented correctly, to have a material impact on public programs in four ways: drive a value based delivery/Medicare payment model; create the ability to differentiate providers based on performance; hold Medicare providers accountable for effective care; and enable individuals to make more informed health care purchasing and lifestyle decisions. As large employers, we are driving innovations in the private market and support efforts to ensure public programs do not impede improvements in our health care sysetms.
The new law missed a number of opportunities for meaningful cost containment -- most notably medical liability reform. It also includes taxes and fees that will be passed on to purchasers. Business Roundtable will remain vigilant in advocating for improvements and enhancements to ensure health care reform promotes innovation in the private marketplace and implementation of the new law creates minimal unnecessary disruptions.