Business Roundtable Statement from Eastman Kodak CEO on Chairman Baucus` Mark on Health Care Legislation

* Reuters is not responsible for the content in this press release.

Wed Sep 16, 2009 5:40pm EDT

WASHINGTON--(Business Wire)--
"Business Roundtable members commend Senate Finance Chairman Max Baucus for
continuing to advance the goal of passing effective health care reform
legislation. As the results of yesterday`s Business Roundtable report show, if
health care costs continue on the current path, the cost to employers for
providing coverage will triple, exceeding $29,000 per employee over the next
decade. Simply put, the cost of inaction on health care is unsustainable and
could put millions of workers at risk. 

"The status quo is a prescription for failure. Chairman Baucus has put forward a
bold framework for health care reform that builds on what works and improves
what doesn't. The momentum is building and the moment is now. Our sleeves are
rolled up as we join in this critical work to reform the health care system. 

"Baucus` bill reflects a step in the right direction on the long road toward
health care reform. It is important, however, we remain vigilant about
controlling the overall cost of reform. 

"We support Sen. Baucus on his continued work on health reform and we remain
willing to play a role in advancing a health care reform plan that will empower
consumers, promote innovation, incentivize healthy behaviors, reduce costs and
cover every American," said Antonio M. Perez, Chair of Business Roundtable`s
Consumer Health and Retirement Initiative and Chairman and CEO of Eastman Kodak
Company. 

Business Roundtable is an association of chief executive officers of leading
U.S. companies with more than $5 trillion in annual revenues and nearly 10
million employees. Member companies comprise nearly a third of the total value
of the U.S. stock markets and pay nearly half of all corporate income taxes paid
to the federal government. Annually, they return $133 billion in dividends to
shareholders and the economy.

Business Roundtable companies provide health care coverage to more than 35
million employees, retirees, and their families.

Please visit us at www.businessroundtable.org, check us out on Facebook and
LinkedIn, and follow us on Twitter.



Business Roundtable
Kirk Monroe, 202-496-3269 



Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.