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Around the States

Additional Health Care Mandates Only Add to the Business Challenge of Rising Health Costs

By | Around the States, Health Care, Shopfloor Main, Shopfloor Policy | No Comments

Manufacturers consistently rank rising health care costs as a primary business challenge according to the National Association of Manufacturers Outlook Surveys conducted each quarter. The manufacturing industry has a history of leading the business community in providing health benefits to employees—98 percent of NAM members provide health insurance to employees and they do so because it is the right thing to do for their workforce and their families.

New health care mandates will continue to challenge the ability of employers to provide self-funded health care innovations that help control costs. Since manufacturers have a proud tradition of providing health care to employees, manufacturers are eager to explore ways to reduce health care costs and strengthen ERISA – the Employee Retirement Income Security Act of 1974. The economies of scale that have come to define employer-sponsored coverage, create a vehicle through ERISA to design benefits that are flexible, innovative and efficient. However, this approach only works if health care innovation is encouraged and permitted. Employers can no longer be strangled by additional regulations or the burdens of 50 different ways to comply which is why ERISA plans and their sponsors work hard to contain costs. Manufacturers want our employees to thrive, be healthy and share in our success as manufacturers.

Oklahoma is now considering a new mandate that will impact how and where pharmacy benefit coverage is provided, potentially requiring an open-ended pharmacy network and mandated reimbursement requirements outside the scope of many pharmacy benefit plans that Oklahoma employers will have to cover.

HB 2632 and S 841 represent a wrong-headed approach. The NAM agrees with the State Chamber of Oklahoma and urges legislators to fully understand the cost impacts of yet another health care mandate thrust on employers and their employees.

Innovation Should Not Be A Scapegoat for Rising Health Care Costs

By | Around the States, Health Care, Innovation, intellectual property, Shopfloor Main, Shopfloor Policy | No Comments

Cutting-edge advancements in pharmaceutical medicine improves lives and reshapes the health care industry as we know it every day. Innovation fuels progress, and America’s biopharmaceutical manufacturers are leading the way toward developing solutions to the greatest health care challenges, as they always have. The results are clear: more new medicines are created in the United States than every other country in the world combined. Unfortunately, some states have pursued and continue to pursue legislation to address rising health care costs that would stifle innovation—neither improving care for patients nor reducing health care costs in the process.

Minnesota House File 1246 would threaten intellectual property rights by requiring manufacturers to disclose highly-sensitive proprietary information, creating unnecessarily burdensome requirements that are contrary to the free and competitive market that has allowed biopharmaceuticals to develop new life-saving treatments. Our country far outpaces others in the discovery of new cures because of our emphasis on innovation that is carried out through robust research and development and protected by vigorous intellectual property rights. Degrading those rights degrades the progress they make possible.

The legislation being considered in Minnesota will not lower prescription drug costs nor address the rising cost of health care. Manufacturers support solutions to address rising health care costs, but as the manufacturing sector accounts for more than three-quarters of all private sector R&D in the United States and receives more patents than any other industry, proposed solutions must not come at the cost of crippling the biopharmaceutical sector’s innovation.

Remembering David Olson

By | Around the States, Presidents Blog | No Comments
David Olson, President of the Minnesota Chamber of Commerce

David Olson, President of the Minnesota Chamber of Commerce

Manufacturers lost a great leader. Minnesota Chamber of Commerce President David Olson will be missed greatly by manufacturers, his fellow NAM Board Members and many more across the country.

David left us after a life not long enough, but long enough for joy and love and laughter and good times – and long enough to leave a lasting footprint on the business community, his state and his country.

He inspired all of us and will be remembered by the countless individuals whose lives he made better. David always had colorful stories to tell, laughs to laugh, words to write, legislators to buttonhole, lobbies to walk and battles to fight. He passionately led the business community in Minnesota for decades with great optimism and strong faith. As a champion for economic growth, he provided pragmatic solutions that transcended party politics.

What most of us remember best is not specifically what David did or said, but how he did it – as a unique, wonderful, patriotic and highly intelligent human being. He connected with each of us in some unusual way to get a job done. Through his words and actions, he made us proud and proud to know him.

He was the epitome of hardworking Minnesotan values and a leader among his peers. I was fortunate enough to count him as my friend.

In an industry that seems to grow more homogenized every day, David had very much his own voice. His lifetime of dedication serves as a monument to the exemplary man he was.  His integrity and hard work will encourage those who knew him and will continue to benefit those who make Minnesota their home for years to come.  Among the best things David has left behind is his shining example.

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