Why Small Biz Is Skittish About Health-Care Reform

The News Review:

- Why Small Biz Is Skittish About Health-Care Reform
- CRRECT: New Mortgage Insurance Applications Up In June
- Landlord Rules 101: Get the Right Insurance Policy
- SeaBright Insurance names C
- Dems look to limit increases in cost of insurance
- CRRECTED – Insurer Genworth sticks to mortgages despite loss
- Strategies: Small businesses suffer on health care issue

Why Small Biz Is Skittish About Health-Care Reform
BusinessWeek
That’s why bama and White House economists such as Austan Goolsbee have launched a public charm offensive to convince entrepreneurs they will see their health-care cost burden fall significantly if proposed reforms in Congress become a reality. Creating the right mix of incentives to prod more small enterprises into offering health insurance for employees is crucial to bama’s quest to extend coverage to uninsured Americans. The share of small companies offering health benefits dropped from 68% in 2000 to 62% in 2008 as the average price of premiums more than doubled according to research from the Kaiser Family Foundation. 8 million uninsured workers at companies with fewer than 100 employees accounting for about 63% of the total 26. 8 million workers without coverage estimates the Employee Benefit Research Institute.

CRRECT: New Mortgage Insurance Applications Up In June
Wall Street Journal
–>CRRECT: New Mortgage Insurance Applications Up In June ArticleCommentsmore in. EDT and repeated at 7:38 a. gave incorrect June numbers for new mortgage applications defaults and cures.

Landlord Rules 101: Get the Right Insurance Policy
New York Times
Travelers also said they’re seeing a similar increase. So is State Farm Insurance but less so. ”When you become a landlord your property goes from a residence to a place of business” says Julie Parsons vice president of consumer household at Allstate. That requires a landlord insurance policy which covers the property and your exposure if anyone gets hurt in it.
Related from Liabilitymanagementsystems: Q&A: Would-be landlords

SeaBright Insurance names C
Forbes
said Friday that it named Richard J. Gergasko its chief operating officer. The Seattle-based insurer also elected him president and chief operating officer of its SeaBright Insurance Company subsidiary where he will replace John G. Pasqualetto 67 who will stay on as CE and chairman of the unit. Pasqualetto is also president chairman and CE of.

Dems look to limit increases in cost of insurance
The Associated Press
Several officials said a last-minute agreement among Democrats on the Energy and Commerce Committee also included authority for the federal government to negotiate directly with pharmaceutical companies for lower drug prices under Medicare. The changes were part of an intensive effort Democrats have made in recent days to satisfy the conflicting demands of liberals and conservatives on the panel. “We have agreed we need to pull together” said Rep. Henry Waxman D-Calif.

CRRECTED – Insurer Genworth sticks to mortgages despite loss
Reuters
The Richmond Virginia-based insurer reported a $50 millionloss on Thursday. Excluding investment gains and lossesoperating income was 2 cents a share 15 cents short of WallStreet expectations. “Delinquencies continued to increase in Genworth’s criticaldomestic mortgage-insurance operation” said Barclays analystEric Berg in a research note. Still losses were not as severe as one quarter earlier henoted. “It just validates our thinking that the road to recoveryfor Genworth will be bumpy — but it will be a recovery roadnonetheless” said Berg. During the quarter Genworth’s U.

Strategies: Small businesses suffer on health care issue
USA Today
Here’s what I wrote in 1993 the last time health payment reform was seriously considered:”When it comes to the debate over health insurance one thing is for certain: the current system is terrible for small business. small businesses usually have the hardest time getting insurance the smallest choice among providers and pay the most for the least coverage. Many people who would like to start new businesses are stuck in jobs because they can’t afford to give up health insurance from their current employer.

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