the american health care act, which the gop hopes will replace obamacare. has the blessing while the office says it could result in millions of people losing coverage. what hasn t been addressed very much is the plans affect on small and medium businesses. both those with over 50 employees and those with less. we thought we would take time to dig into the numbers. founder and ceo of small business majority and advocacy group. director of relations with independent businesses known as nfib. specializes in health care and health insurance issues. so good to see you both. good to be here. thanks for having us. i really appreciate you taking the time so we can die sect this to understand how this affects small and medium sized business owners. to start that off. let s go backwards. before obamacare, one of the big
because of the budget rules. what is an example of that? interstate shopping across state lines. we love that policy, we think it s critical. but as you well know, you cannot put that in a budget recolle reconciliation bill otherwise it can be filibustered. we also believe in association traders health plans. farmers plan, restaurant association plans, small businesses through the nfib plan bulk buy in pools. we very much believe in that policy but we know the rules don t allow us to pout that in reconciliation. medical liability, it is cranking up health care costs, practicing defensive medicine which makes health care ultimately more expensive for everybody. but we know we can t put that in reconciliation. those phase three bills we re going to move also at the same time and we re going to push those to the finish line. those will ultimately take 60 votes in the senate. so, phase one is this repeal and replace bill. phase two, tom price dee regulates the market and brings certainty s
what is an example of that? interstates shopping across state lines. we love that policy. it s critical. as you know, you cannot put that in a budget reconciliation bill. we believe in association health plans. let people through their trade associations, farmers, small businesses through the nfib plan, both buy their health insurance in buying pools. we believe in that policy. but we know the rules don t allow us to put that in reconciliation. the medical liability reform. they re cranking up healthcare costs, practicing of medicine, which makes healthcare more expensive. we can t put that in reconciliation. we ll push those to the finish line. those will take 60 votes in the senate. so phase one is this repeal and replace bill. tom price regulates the market and brings certainty to have more choices and more plans and gets the states back in the game
fortunes off of that. when it comes to what was born out of that crisis, created by elizabeth warren, do you think it could survive the incoming administration. i think the cfpd is going to change, i think it has to change and become more representative. it has a bigger board. and i also think we have to take the parking brakes off the economy. banks are not lending like they should be lending. they are not lending to small businesses as easily as they can be. to grow main street, we have to get more money on the main street. i disagree with my good friend jared on this. we need to keep people working and get them back to work. if you look at the nfib, the small business group, you ask them what s your biggest concern