IBM issues statement after discussion with Shumlin over health care reform
IBM issued the following statement yesterday regarding conversations its executives have had with Vermont Governor Peter Shumlin and his staff concerning the administration's health care reform effort. IBM, as many large companies, is self-insured. It previously has expressed concern over the health care refomr making its way through the Legislature, in particular proposals that the plan would be funded through a payroll tax on all Vermont workers and their employees. IBM has suggested that this would constitute a kind of double insurance premium for itself and its employees.
The most recent meeting between IBM and the governor was last week. IBM issued this statement concerning the meeting:
"IBM Senior Vice President for Human Resources, Randy MacDonald, met with Governor Peter Shumlin and had a productive discussion on the Governor’s health care reform legislation. There were several outcomes.
· IBM underscored concerns about the effect of the proposed legislation on the healthcare choices and costs.
· IBM understands that it is not the intent of Governor Shumlin’s administration to remove IBM’s ability to manage its own health care plans by seeking a waiver from the federal government from ERISA pre-emption.
· IBM made clear that if it chose to continue to provide employees in Vermont with coverage under the company’s national health care program and is included in the state plan’s payroll tax financing, we would be compelled to oppose the plan.
· IBM agreed to work with the Governor and the legislature to help develop a reform plan that cuts costs, transforms service delivery, and improves the health and wellness of Vermont citizens.
We appreciated the discussion and the explanation provided by the Governor and his staff."
Source: IBM. April 14, 2011