SBA Chief Steve Preston Focuses on Health Care With President

Jul 18, 2007, 01:00 ET from U.S. Small Business Administration

    WASHINGTON, July 18 /PRNewswire-USNewswire/ -- SBA Administrator Steve
 Preston today discussed health care issues with President Bush and small
 business owners during a visit to Man & Machine, Inc. of Landover, MD.
     "Since coming to SBA I've met hundreds of small business people around
 the country," Preston said. "When I ask what Washington can do to help
 them, it is clear health care reform tops the list. They pay a
 significantly higher cost for medical coverage, which takes dollars away
 from investment, expansion, and job creation in our country."
     The healthcare discussion included entrepreneurs and small business
 workers and covered a wide range of topics including Health Savings
 Accounts (HSAs), equalizing tax treatment between individuals and
 corporations purchasing health care, and the need for greater competition
 among insurance providers.
     Preston addressed the need for more affordable health care solutions
 for small business owners and the need for individuals to have affordable
 market-based solutions.
     "Half of America's private sector is employed by small businesses and a
 disproportionate share of that workforce is uninsured," said Preston. "Yet
 small businesses are prohibited from joining together to leverage their
 buying power or in some cases from having the same tax advantages as large
 businesses. Addressing the issue of affordability with broadly accessible
 market-based solutions is the key to expanding coverage."

SOURCE U.S. Small Business Administration