Printing Industries of America Statement on Health Care Bill

In its letter, Printing Industries of America noted the following as “key concerns regarding H.R. 3590 and proposed modifications to it:”
• An employer mandate that does little to make insurance more affordable and assesses penalties that discourage hiring of new workers in an industry that has lost over 70,000 jobs since 2008.
• An unworkable small business tax credit that will largely fail to offset the cost of employer-provided health insurers for small printers due to its temporary nature and rigid payroll eligibility structure.
• Increased Medicare payroll tax that sets a precedent for using future payroll taxes to pay for non-Medicare programs and that will hike taxes on a segment of printing companies.
• New restrictions and penalties on health insurance tools like Flexible Savings and Health Savings Accounts, cost-containment options that currently provide insurance coverage to nearly a quarter of printing industry workers.
• New taxes and fees on health insurance plans and a range of other health care products and services that may be passed through to employers and individual consumers.