Double Trouble?

" Double digit out of pointed out -- that the Senate health bill boom being double trouble for other jobs -- one of the Senate bills includes. A 750 dollar per person tax -- companies. That a blow away over 25 workers and don't provide benefits the next guest says this will help create not kill jobs democratic consultant. Telewest and -- I had -- I -- how do you know."

" Well it's pretty simple the overall effect of this help -- care reform bill is going to be the lower the cost of providing health care lower the cost of premiums for businesses. And when they're paying less on health care they can hire more people how do you -- less -- Because that's actually built in to this bill in fact you've got. Quite a lot of tax credits for businesses particularly small businesses. They're providing health care for their employees that are gonna cover up to 50% of premiums so that brings costs down. You're gonna allow small businesses to pool together and negotiate for better rates than they currently --"

" That's how are also -- penalties on them if they don't and you're also we -- telling a lot of them were looking at their own plans now and saying. I'll just take the bullet and take that that the government plan. If it's going to mean it's a hassle having one Diana. Well I'm not sure that that's really the case you are looking out for -- all CEOs tell our a lot of the time boring though they might have you. Did there's they hire a lot of people. And then there are worried about the administrative Kosovo listed on an Iowa and when you say -- is gonna create jobs. A lot of these guys are are are hardly. Convinced that."

" Well this is actually going to lower a lot of administrative costs because it's going to create more competition in the system it's going to allow. Businesses to have more options for covering their employees and again when you have more options and more competition. You are gonna have lower costs and you're gonna have companies that provide better service and which means less administrative cost for these companies. Yeah."

" Don't these great expectations and talent and committed all this money we are showing a lot of big red bar charts early in the show. And the outlying years in the expenses are such. That all the savings in the world -- gonna cut it."

" if we stay with what we're doing right now we're looking at premium costs that have literally doubled since 2000 and that's gone up at a rate three times faster than wages so. -- honestly the status quo is what is going to kill jobs so we don't fix the system that's where we're gonna see some real economic problems."

" But do you find it all ironic however when push comes to shove we're not going to include every -- as was the goal originally. And furthermore for the nine -- Americans higher premiums at all or vinyl aren't satisfied with their coverage. And their plants there are being asked to make some very big sacrifices. For the one -- and in fact it may be the entire wanted to send. Who do not have -- so it's -- weeks -- in the bottle completely upside down when we we couldn't. Tinkered and adjusted and provided. You know. Coverage for preexisting conditions of portability of coverage and said we had to do this big omnibus octopus. And and -- it's nominated this octopus comes in peace."

" Well there's two different things here first of all tinkering around the edges just isn't gonna cut it with the kind of cost. Skyrocketing that we're seeing right now we know idea now of course he didn't try anything burn down isn't a lot."

" The big old lady that people whine about quite rightly about -- that is dropped -- portability. These various is that if you were to dress down Malone. You probably -- 90% of the -- it's."

" Well -- she wouldn't deal with the skyrocketing cost and that is just unsustainable we can't have a system where the costs double in a university I want you assumed to rise under this. No in fact this system is and that there are cost containment measures in this proposal that are going to start. Lowering those costs and that's where the CBS shows that you know we're actually going to lower the deficit would this program don't tell."

" Now I don't hear a lot younger than me and then you're very astute on this -- talent. Hope springs eternal and I hope your hopes are justified on just spelling has someone is heard once or twice. Those -- advocates government intervention to save money prizes yet to see it's save money that's --"

" Well this is incredibly inefficient health care system that we're dealing with right now they're -- let's get it right now when I'm gonna get more efficient. In this situation -- actually adding in competition are adding in transparency which is not something that the market currently have to also running on my point in that is. You talk about people who are satisfied with their plan who like the doctors that they have. And this is designed to allow those people not just to keep that. But also to be more confident that they're going to be able to keep that that they're not gonna get -- out of their insurance if they get sex that they are companies are gonna be -- forward to continue covering -- so. This is a very good deal for people who have insurance and want to keep that. All right but I understand the Fox News or does not be covered -- true. This kid appetizer employers -- our time teller always good having you thank you very much the things for having me teller was all right."