[inaudible conversations] good morning and welcome to all. Ill call this hearing to order. We are here today to discuss the president s budget request for fiscal year 2018. I know my colleagues and i have been anxiously awaiting the arrival of President Trumps first real budget submission. Were placed to welcome director mulvaney to hear in detail from him the fiscal aspirations of the president and answer questions. Were interested to learn how the president proposes to grow our economy and help put our fiscal house in order. Of course this is moorly the first step in the 2018 budget process. While the president has his plan, the United States constitution instills members of congress with key tax and spending functions, and with the responsibility to ultimately decide what our nations fiscal priorities will be. Bugs are an incredibly important part of governing. Its crucial that the congress and president Work Together to confront rapidly growing definited from the governments oversp
Potential changes to employer insurance. H explain what the erisa industry is about. Guest its an association that represent about 100 of the very largest businesses. Least 10,000 u. S. Employees. Those businesses offer comprehensive Health Retirement their employees. We represent them. Employees are there . An 178 millionabout americans who get health job. Ance through a host how much are there Companies Paying for the premiums these days . Whats the average . Guest i think its important to average the company pays about 80 of the cost from premiums as well as the overall healthcare cost for the employee. The embrees are pay the employees are paying 25 of the premium. About onely cost is quarter. Host take us to large employers. Affected byen Affordable Care act . Give us the history . True they were some effects from large employers on Affordable Care act. Thinkly rule changes, the requirement to have independent up to age of 26 on your plan. The most part, the Affordable Care act wa
Potential changes to employer insurance. H explain what the erisa industry is about. Guest its an association that represent about 100 of the very largest businesses. Least 10,000 u. S. Employees. Those businesses offer comprehensive Health Retirement their employees. We represent them. Employees are there . An 178 millionabout americans who get health job. Ance through a host how much are there Companies Paying for the premiums these days . Whats the average . Guest i think its important to average the company pays about 80 of the cost from premiums as well as the overall healthcare cost for the employee. The embrees are pay the employees are paying 25 of the premium. About onely cost is quarter. Host take us to large employers. Affected byen Affordable Care act . Give us the history . True they were some effects from large employers on Affordable Care act. Thinkly rule changes, the requirement to have independent up to age of 26 on your plan. The most part, the Affordable Care act wa
At the table is james gelton, Senior Vice President for policy. An operation under the ee rrisa industry. Explain what the Erisa Industry Committee is all about . Eric for sure is an association that represents about 100 of the very largest businesses, each with at least 10,000 u. S. Employees. Those businesses offer comprehensive and Health Retirement benefits to their employees. We represent them on benefits issues. Lets get systems numbers. How Many Employers offer Health Insurance. There are 178 million americans who get Health Insurance through a job. And thats a significant number of folks. How much are their Companies Paying for the premium these days . Whats the average . Well, so, i think its important to note that on average the company pays about 80 of the cost of premium and as well as the Overall Health care costs. So the employees are paying usually 25 of the premiums. That monthly cost that an employee pays, thats only 1 4 of the cost. Take us to large employers and how
At the table is james gelton, Senior Vice President for policy. An operation under the ee rrisa industry. Explain what the Erisa Industry Committee is all about . Eric for sure is an association that represents about 100 of the very largest businesses, each with at least 10,000 u. S. Employees. Those businesses offer comprehensive and Health Retirement benefits to their employees. We represent them on benefits issues. Lets get systems numbers. How Many Employers offer Health Insurance. There are 178 million americans who get Health Insurance through a job. And thats a significant number of folks. How much are their Companies Paying for the premium these days . Whats the average . Well, so, i think its important to note that on average the company pays about 80 of the cost of premium and as well as the Overall Health care costs. So the employees are paying usually 25 of the premiums. That monthly cost that an employee pays, thats only 1 4 of the cost. Take us to large employers and how