paul dennetanis paul d. he is an expert on help businesses reduce benefits with larger businesses. his head at congressional relations of the blue cross/blue shield association. he works on health care issues for the chairman of the finance committee. before that, he was at the department of health and human services. he worked in the office of management and budget. also with us is amanda austin, director of federal public policy for the national federation of independent business. she works with policymakers on capitol hill regarding the impact of health care positions on small businesses. before joining them, she worked for several members of congress. we will go first to amanda will focus mostly on the impact of the law on small businesses. then we will move to paul who will help us understand what larger businesses can expect and when. amanda, start us off. >> this has been a long process for the business community. we were at the table. we were involved. at the end of the day, we felt like this bill was more about coverage than cost. an important statistic that came to light at the end of the debate for us was that overall, this bill was going to at best do this a 2% savings on small group premiums. in the individual market, it could be a 13% increase on those premiums. to us, that was a concern. our interest in being involved in this legislation was to reduce the cost for small employers. we feel like this bill as a number of tax increases on the business community that will offset the spending. i will run through two key points that a timely for small employers today. i will talk about what employers can look forward to on the road. their questions about grandfathered status. all of our policies are "grandfathered." what does that mean? and s

paul dennetanis paul d. he is an expert on help businesses reduce benefits with larger businesses. his head at congressional relations of the blue cross/blue shield association. he works on health care issues for the chairman of the finance committee. before that, he was at the department of health and human services. he worked in the office of management and budget. also with us is amanda austin, director of federal public policy for the national federation of independent business. she works with policymakers on capitol hill regarding the impact of health care positions on small businesses. before joining them, she worked for several members of congress. we will go first to amanda will focus mostly on the impact of the law on small businesses. then we will move to paul who will help us understand what larger businesses can expect and when. amanda, start us off. >> this has been a long process for the business community. we were at the table. we were involved. at the end of the day, we felt like this bill was more about coverage than cost. an important statistic that came to light at the end of the debate for us was that overall, this bill was going to at best do this a 2% savings on small group premiums. in the individual market, it could be a 13% increase on those premiums. to us, that was a concern. our interest in being involved in this legislation was to reduce the cost for small employers. we feel like this bill as a number of tax increases on the business community that will offset the spending. i will run through two key points that a timely for small employers today. i will talk about what employers can look forward to on the road. their questions about grandfathered status. all of our policies are "grandfathered." what does that mean? and s