[Congressional Record Volume 140, Number 107 (Friday, August 5, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: August 5, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                 CREATING JOBS WITH UNIVERSAL COVERAGE

  Mr. GEJDENSON. Mr. Speaker, we in Connecticut have been battered by 
an economy that saw some of the most significant challenges we have 
faced in this century, defense downsizing, changes in the insurance 
industry, a loss of our banking system and capital. As we start to 
rebuild our economy and start to see recovery as much of the Nation has 
already seen, one of the greatest challenges in the formation of new 
businesses is the insurance for those individuals with the talent, the 
skill, and the courage to start new businesses, because when you have a 
handful of people who have worked all of their lives and have some 
assets, starting a business without health insurance for the employees 
it is a challenge worse than going to the roulette table.
  Under today's system these businesses are at a disadvantage. They pay 
$3,000 and $4,000 more in insurance premiums than competitors that are 
larger and work right next door.
  If we want to start new small businesses in America, passing a 
Universal Health Care Program will help this economy, help people go to 
work, and help continue this recovery.

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