In a message to members of the Congressional Health Care Task Force, NAM President and CEO Jay Timmons urged Congress to pursue several health care priorities for manufacturers.
The big picture: Timmons laid out three core principles that guide NAM health care advocacy and engagement.
- First, the NAM believes that free enterprise, competitiveness, individual liberty and equal opportunity are the values that can successfully push forward the process of simplifying health care and achieving lower costs.
- Second, the NAM believes that the medical credo “first, do no harm” should guide health care policy efforts.
- Third, the NAM believes that the health care policy and business environment must allow and encourage unparalleled innovation, investment and manufacturing right here in the U.S.
In accordance with these principles, the NAM is pushing for several specific policy advances.
Transparency: “Manufacturers appreciate ongoing efforts to improve transparency in health care,” Timmons wrote. “Our industry has experienced the impacts of cost variation related to a range of health care services. These impacts can make health coverage more frustrating and expensive, for both consumers and employers who sponsor coverage.”
Connectivity: “The technology is available, and businesses have the capability to deliver and realize the potential of a fully connected health care system,” Timmons wrote. “Privacy laws and regulations need updating so that the deployment and adoption of new innovations to improve connectivity in our health care system can flourish.”
HSAs: The NAM believes Health Savings Accounts allow employees to have more control over their health care spending. To ensure HSAs can increase consumer flexibility and benefit American employees, the NAM supports efforts to increase limits and modernize rules governing HSAs.
Value-based arrangements: “Manufacturers are encouraged by the potential for health care innovation through outcomes-based health care arrangements,” Timmons wrote. “These arrangements would align incentives across a range of parties—health care providers, employers, patients, insurers and pharmaceutical and life sciences manufacturers—so that delivery of care, payment arrangements and clinical outcomes are achieved in an efficient manner.”
Association health plans: The NAM supports efforts to reform, advance and strengthen Association Health Plans. AHPs are beneficial especially to small businesses that struggle to offer affordable health care coverage to their employees. The NAM believes that additional legislation is needed to protect the longevity and sustainability of AHPs as a health care option.
Innovation: The NAM believes strong intellectual property protection is essential to creating a more competitive health care market, bringing down prices and fostering innovation by encouraging research and development.
The last word: “Despite the many challenges and strains facing the health care system, we are a nation that prides itself on first-class, best-in-the-world medical care,” Timmons wrote. “Our institutions, public and private, continue to lead the world on patient care, lifesaving treatments and medical research. We must uphold those successes while seeking to control or lower the cost of health care through market-oriented approaches. Employers are leading a great deal of innovation in health care delivery, and those positive developments must be allowed to flourish.”
Washington, D.C. – Ahead of the midterm elections, the National Association of Manufacturers released its policy roadmap, “Competing to Win,” a comprehensive blueprint featuring immediate solutions for bolstering manufacturers’ competitiveness. It is also a roadmap for policymakers on the laws and regulations needed to strengthen the manufacturing industry in the months and years ahead.
With the country facing rising prices, snarled supply chains and geopolitical turmoil, manufacturers are outlining an actionable competitiveness agenda that Americans across the political spectrum can support. “Competing to Win” includes the policies manufacturers in America will need in place to continue driving the country forward.
“‘Competing to Win’ offers a path for bringing our country together around policies, shared values and a unified purpose,” said NAM President and CEO Jay Timmons. “The NAM is putting forward a plan filled with ideas that policymakers could pursue immediately, including solutions to urgent problems, such as energy security, immigration reform, supply chain disruptions, the ongoing workforce shortage and more. Manufacturers have shown incredible resilience through difficult times, employing more workers now than before the pandemic, but continued resilience is not guaranteed without the policies that are critical to the state of manufacturing in America.”
The NAM and its members will leverage “Competing to Win” to shape policy debates ahead of the midterm elections, in the remainder of the 117th Congress and at the start of the 118th Congress—including in direct engagement with lawmakers, for grassroots activity, across traditional and digital media and through events in key states and districts as we did following the initial rollout of the roadmap in 2016.
The document focuses on 12 areas of action, and all policies are rooted in the values that have made America exceptional and keep manufacturing strong: free enterprise, competitiveness, individual liberty and equal opportunity.
Learn more about how manufacturers are leading and about the industry’s competitiveness agenda at nam.org/competing-to-win.
The National Association of Manufacturers is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.8 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 58% of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the NAM or to follow us on Twitter and Facebook, please visit www.nam.org