Video archive of the US Congress

House Proceeding 11-17-09 on Nov 17th, 2009 :: 1:43:05 to 1:47:35
Total video length: 5 hours 12 minutes Stream Tools: Stream Overview | Edit Time

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Chris Murphy

1:43:05 to 1:47:35( Edit History Discussion )
Speech By: Chris Murphy

Chris Murphy

1:43:23 to 1:43:43( Edit History Discussion )

Chris Murphy: a very long time. small business men and women with a couple of employees, maybe 10, 15, 20 employees, they want to do the right thing, they want to provide insurance for their employees. margins they face normally and in particular with the kind of margins they're facing in this economy combined with their inability to access capital

Chris Murphy

1:43:44 to 1:44:05( Edit History Discussion )

Chris Murphy: from the lenders in their community traditionally might be providing them with loans means they don't have room to provide health care. and in my district it prompted one individual, a brave businessman namedevin gal vin who had his own -- galvin who had his own experience with

Chris Murphy

1:44:06 to 1:44:26( Edit History Discussion )

Chris Murphy: confronting our very backwards health care system when his daughter got very sick and forced that family through layers of bureaucracy and layers of appeal to try to get their own insurance company to try to cover her, he runs a small business in connecticut, a maintenance compa

Chris Murphy

1:45:10 to 1:45:31( Edit History Discussion )

Chris Murphy: community all rallied around our effort to provide relief for those small empyers that desperately want to ge care for their employees but they can't. they can't in part because of the margins that they have. they can't also because they are on average, as you pointed out, mr. ryan, are paying about 15% to 20% more in premiums

Chris Murphy

1:45:32 to 1:45:57( Edit History Discussion )

Chris Murphy: than large businesses are. it's just, you know, a matter of simple economics. if you're bargaining with the insurance companies on premiums for only a handful of employees, you're just going to get a worse deal and have pay a higher price than if you were a big business that have a cup -- has a couple hundred employees.

Chris Murphy

1:45:58 to 1:46:18( Edit History Discussion )

Chris Murphy: so he sees the genius, not substitute our current health care system of some other health care system, not in what the cable news talk show host claim as government takeover but make the market take over but to allow kevin galvin and his employees to join together with all of those other small businesses who are in the same position

Chris Murphy

1:46:19 to 1:46:40( Edit History Discussion )

Chris Murphy: with all of those other uninsured individual proprietors who are negotiating on behalf of only themselves, put them all in a pool and to allow them to negotiate for lower premiums against the insurance companies with the kind of bulk purchasing pow that we know works. and so we have small businesses throughout connecticut that are

Chris Murphy

1:46:41 to 1:47:02( Edit History Discussion )

Chris Murphy: standing up and screaming for health care because they want to provide health care for their employees and those that already are being crushed by the weight of those premiums. when they look at this bill, when they see the health care exchange pools all of their purchasing power together, when they see the taxredits in the bill that in my district alone,

Chris Murphy

1:47:03 to 1:47:23( Edit History Discussion )

Chris Murphy: mr. ryan, are going to mean that 17,000 small businesses will now pay lower taxes because they're going to be able to offset their health care expenses against their tax obligation, they see a tremendous benefit. and if we want to point the way forward on the economic re if we want to start to plot a

Chris Murphy

1:47:24 to 1:47:35( Edit History Discussion )

Chris Murphy: real strategy about how we grow jobs, jobs in this country, small businesses are the solution. and

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