Congressman Steny H. Hoyer (MD-5), in conjunction with local area Chambers of Commerce, today met with local small businesses to discuss the short- and long-term benefits of health insurance reform, how reform will impact them, and how they can get involved in Maryland's reform implementation process. Hoyer was joined by Marie C. Johns, Deputy Administrator, Small Business Administration; Elizabeth P. Sammis, Acting Insurance Commissioner, Maryland Insurance Administration; and Terry Gardiner, National Policy Director, Small Business Majority.
"Small businesses are our economic engines because they create the majority of new jobs for our economy," stated Rep. Hoyer. "That is why, over the past two years, the House has passed eleven small business bills to assist small business lending and hiring. Of those eleven, five passed the Senate and have been signed into law. However, we also understand that in order for small businesses to create jobs, we must address a serious financial drain on their resources: the cost of health coverage," continued Hoyer. "Prior to health insurance reform's passage, small businesses faced unpredictable and skyrocketing health care costs from year to year, with no end in sight. Increases like that eat away at wages, re-investment, and at their ability to hire. That is why I supported the benefits in reform that will help put control over health care costs back into the hands of Maryland small businesses, and why I encourage Fifth District small businesses and chambers to get involved in Maryland's reform implementation process."