IMPACT OF INFLATION ON THE ECONOMY AND

SMALL BUSINESS-HEALTH CARE

SELECT COMMITTEE ON SMALL BUSINESS

UNITED STATES SENATE

NINETY-FIFTH CONGRESS

SECOND SESSION

ON

IMPACT OF INFLATION ON THE ECONOMY
AND SMALL BUSINESS-HEALTH CARE

33-644 O

AUGUST 18 AND 21, 1978

Printed for the use of the Select Committee on Small Business

LAW LIBRARY
DOCUMENTS DEPARTMENT

DEC 04 1978

UNIVERSITY OF CALIFOR
BERKELEY

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1978

CONTENTS

Statement of-

Aaron, Dr. Henry, Assistant Secretary for Planning and Education,

Department of Health, Education, and Welfare, Washington, D.C.-

Altman, Stuart H., Ph. D., dean, the Florence Heller Graduate School
for Advanced Studies in Social Welfare, Brandeis University, Wal-
tham, Mass..

Dalva, Joel, health budget program and management specialist, State
of Rhode Island, Providence, R.I...----

Galbraith, Dr. John Kenneth, professor of economics, Harvard

University, Cambridge, Mass-

Goldbeck, Willis B., director, Washington Business Group on Health,

Washington, D.C...

Page

19

27

43

23

47

Irish, Dennis L., vice president, Small Business Service Bureau, Inc.,

Worcester, Mass...

68

Keene, Hon. Barry, chairman of the health committee, California

State Assembly, Sacramento, Calif..

37

3

Schultze, Hon. Charles L., Chairman, Council of Economic Advisers,
Executive Office of the President, Washington, D.C...

APPENDIX

Letter dated September 15, 1978, to Hon. Barry Keene, California Assem-

bly, from Thomas C. Paton, president, Blue Shield of California...

85