- Thursday, June 28, 2012
- NJ Chamber
N.J. Chamber of Commerce President and CEO Thomas Bracken's statement on the U.S. Supreme Court's Decision on the Affordable Health Care Act
Today's Supreme Court decision may validate aspects of the health care reform law as constitutional, but that does not validate it as good business practice.
Employers are the ones who have to pay for the rising costs of health care and this will continue to inhibit job growth. Much still needs to be done to control the costs that employers and employees pay, especially small business owners. The Affordable Care Act does not do that.
To truly make health care reform effective, we must encourage innovative programs that contain costs, such as corporate wellness programs that financially reward workers that lead healthy lifestyles; encourage physicians to prescribe treatments that are scientifically proven to work; and loosen regulations in the individual and small group markets.