"Issues currently being debated in
Based on the healthcare bill passed by the Senate Finance Committee, the Georgia Department of Community Health projects nearly one million new Georgians would become eligible for Medicaid and Peachcare, costing the state $3.6 billion from 2014 to 2019 if all newly eligible sign up. If 80 percent of the newly eligible enroll, more than 740,000 new members would carry an additional benefit cost to the state of $2.4 billion over those same years. These figures represent the state portion of these programs and only address actual expenses of benefits for new members. There will be additional administrative and operational costs associated with such a large expansion of these programs.
A cap-and-trade energy bill has already passed the U.S. House and hearings are being held in Senate committees. While there are wide estimates about the impact the proposal would have on energy prices and the resulting increase on products and services, a U.S. Treasury Department analysis shows that American taxpayers would pay between $100 billion and $200 billion in new taxes under a cap-and-trade system. At the high end of the Treasury Department estimate, that would mean more than $1,700 per year per American family. The lower estimate would equate to half that amount.
Karen Harbert, President and CEO, 21st Century Energy, will begin the session on energy by providing an overview of pending cap-and-trade legislation. A roundtable discussion will follow that presentation including Harbert, Chris Hobson, Senior Vice President of Southern Company; Jeff Fulp, ERCO Worldwide; and David Newby, Profile Extrusion Company.
After the discussion on energy, Colin Roskey of Alston & Bird will update attendees on the latest healthcare proposals being considered. A panel will then take up the impacts of healthcare reform, including Roskey, Chuck Adams, CEO of Ty Cobb Health System and incoming President of GHA; Mike Sullivan, Founder & President of Southeast Sealing, Inc.; and Norm Boyd, Senior Vice President Executive Development for AGCO Corporation.
Governor Perdue will moderate both panel discussions. Those interested in attending should RSVP to businesssummit@gov.state.ga.us .
Brief biographies of the speakers are below:
Karen Harbert, President and CEO, 21st Century Energy: Harbert is the president and chief executive officer of the U.S. Chamber of Commerce's Institute for 21st Century Energy leading the Institute's efforts to build support for meaningful energy action nationally and internationally through policy development, education, and advocacy. Harbert has also previously served as the assistant secretary for policy and international affairs at the U.S. Department of Energy, vice chairman of the International Energy Agency and deputy assistant administrator for Latin America and the
Chris Hobson, Senior Vice President, Southern Company: Hobson is the Senior Vice President of Research and Environmental Affairs at the Southern Company, where he manages the development of environmental policies, directs the development of cost-effective, flexible environmental compliance strategies, and oversees research and development of new technologies for cleaner energy at lower costs. Prior to this position, Hobson held various roles at Georgia Power, where he served as the Vice President of Environmental Affairs, Manager of Agency Affairs in
Jeffery Fulp, ERCO Worldwide: Fulp is the Plant Manager of ERCO Worldwide, a company that supplies chlorine dioxide technology to the paper and pulp industry and is a large producer of potassium products in
David Newby, Profile Extrusion Company: Newby is the General Manager of Profile Extrusion Company, an aluminum extrusion manufacturer that provides both custom and standard aluminum extrusion shapes throughout the Southeast. He has previously served as Plant Manager for the company, and as Administrative Manager and Production Manager when his
Colin Roskey, Counsel, Alston & Bird LLP: Roskey serves as counsel in the firm's Washington-based health law and legislative practice, where he provides strategic advice and counseling on statutory and regulatory issues affecting hospitals, physicians, long term care providers, pharmaceutical manufacturers and device and diagnostic companies and medical equipment manufacturers. He has over 10 years of health law and policy experience in
Chuck Adams, CEO, Ty Cobb Health System, incoming President of GHA: Charles Adams, president and chief executive officer of Ty Cobb Healthcare System in Royston, was named chairman elect of the Board of Trustees of the Georgia Hospital Association (GHA) at the association's annual convention on Feb. 4 in
Mike Sullivan, Founder & President, Southeast Sealing, Inc.: Sullivan is Founder and President of Southeast Sealing Inc. The company has been in operation for the last 37 years and now employs 25. Sullivan is also a member of the Associated Builders and Contractors of Georgia and is past Chairman of the Political Action Committee and the Government Relations Committee. He is also a member of the National Federation of Independent Business and presently serves on the Georgia Leadership Council and is Chairman of the Georgia Safe Trust Pac. In 1991, the Rockdale County Jaycees awarded Mike the Distinguished Service Award as Outstanding Industrialist for
Norm Boyd, Senior Vice President Executive Development, AGCO Corporation: Norm Boyd was appointed Senior Vice President, Executive Development in January 2009. Prior to his current position, Boyd was Senior Vice President Human Resources at AGCO. With 30 years of experience in the farm equipment industry, Mr. Boyd held several key management positions within both AGCO Corporation and Massey Ferguson Group Ltd., prior to its acquisition by AGCO, as well as Case Corporation and International Harvester Company. His most recent positions with AGCO include Senior Vice President, Corporate Development, Vice President, Sales and Marketing, Europe/Africa/Middle East. Mr. Boyd holds a Bachelor of Science degree in Business Administration from
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