HOME PAGE POSTS Archives - Vermont Chamber of Commerce

Vermont Chamber Welcomes Three Professionals

December 19, 2024

Vermont Chamber Welcomes Three Experienced Professionals

The Vermont Chamber of Commerce is excited to announce the addition of three experienced professionals to its team: Emily Hurd as Marketing and Communications Director, Isabel Gogarty as Program Associate, and Maggie Talty as Tourism Marketing and Sales Associate.

Emily Hurd, Marketing and Communications Director

Hurd brings a dynamic and versatile background to her role as Marketing and Communications Director. A graduate of Kenyon College with a degree in Psychology, she combines analytical precision with creative storytelling skills. Her professional background—spanning real estate marketing, health coaching, and freelance content creation—has equipped her with a strategic communication skill set and the ability to craft compelling narratives. Emily’s ability to connect with diverse audiences through engaging content, coupled with her proficiency in digital marketing and social media strategy, will strengthen the Chamber’s efforts to amplify Vermont’s business community.

Isabel Gogarty, Program Associate

Gogarty arrives with a strong background in leadership, education, and community engagement. Holding a Master’s degree in Education Research from Castleton University, she has excelled in program planning and stakeholder collaboration. Her leadership roles, including serving as President of SHAPE Vermont and as a member of the Middlebury Selectboard, reflect her dedication to public health, education, and economic development. Isabel’s ability to launch initiatives like the Chamber’s upcoming Vermont National Civics Bee® and her expertise in organizing impactful events make her an invaluable addition to the Chamber’s mission of driving statewide economic progress.

Maggie Talty, Tourism Marketing and Sales Associate

Talty joins as Tourism Marketing and Sales Associate, bringing fresh ideas and a deep passion for Vermont’s tourism and hospitality industry. A University of Vermont graduate with a degree in Public Communication, Maggie’s background includes strategic communication, campaign management, and audience engagement. Her experience as Communications Coordinator at Junapr and as an intern with the Vermont Chamber has honed her marketing strategy and stakeholder engagement skills. Maggie’s enthusiasm for showcasing Vermont as a premier travel destination will elevate the state’s visitor economy and support the Chamber’s Tourism Marketing Program.

“The addition of Emily, Isabel, and Maggie reflects the Vermont Chamber’s commitment to innovation, collaboration, and driving meaningful results for Vermont’s business community,” said Amy Spear, President of the Vermont Chamber of Commerce. “Their unique talents and dedication will be instrumental in our member-driven, data-informed work to further our mission of advancing the Vermont economy.”

December 19, 2024

RECENT HOUSING NEWS

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

December 12, 2024

Vermont Chamber Releases Legislative Biennium Report

October 29, 2024

Key Steps Launched in Act 250 Modernization Process

August 28, 2024

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

December 17, 2024December 12, 2024

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

The Vermont Chamber’s recent Business Climate Survey reveals a stark reality: Vermont businesses feel increasingly challenged by rising costs, complex regulations, and not enough legislative focus on tackling systemic changes. From taxes to housing, and healthcare, businesses and residents alike are grappling with the same mounting pressures—escalating costs without proportional returns on investment. The message is clear: Vermont must address its most significant issues with bold, comprehensive reforms to remain competitive and economically intact.

General Business Climate: A Climate of Concern

Survey respondents consistently voiced frustration with Vermont’s business environment, citing rising operational costs, regulatory hurdles, and a lack of workforce availability. With an overall business climate score of 2.56 out of 5, the sentiment reflects significant concern. Businesses struggle to find qualified workers due to high living costs and limited housing, causing some to reduce hours, cut services, or consider relocation.

Taxes: Rising Burdens Without Balanced Returns

Taxation emerged as a dominant concern, with 91% of businesses stating that Vermont’s current tax structure hinders growth and investment. Businesses report feeling overwhelmed by an increasing array of taxes—property, payroll, income, and sales— and regulations while expressing frustration with what they see as inefficient state spending. A staggering 95% believe Vermont is not balancing tax increases with meaningful investments. Without reforms to taxation and spending, respondents fear that Vermont risks jeopardizing its viable business climate and driving businesses—and their employees—elsewhere.

Housing: A Crisis Blocking Growth

Housing availability remains one of the most pressing challenges for workforce development in Vermont. Despite significant state investments, businesses report little progress in improving housing options for their employees. The high cost of housing, combined with permitting restrictions and the increasing prevalence of short-term rentals, continues to hinder efforts to attract and retain workers. To address these challenges, businesses are advocating for streamlined permitting processes and targeted incentives that prioritize market rate workforce housing for renters and ownership.

Healthcare: Costs Rising Beyond Reach

Healthcare costs are another critical challenge, with escalating insurance premiums pushing many businesses to evaluate coverage options. Nearly 45% of respondents have had to adjust their benefits due to rising costs, and smaller businesses struggle most acutely. Employers are seeking systemic reforms to reduce healthcare costs and provide more equitable solutions without shifting the burden solely onto them.

Payroll Tax: Frustrations Over New Costs

Childcare remains an issue for Vermont’s workforce stability, though Vermont’s demographic realities mean that 48% of respondents indicated that none of their employees currently have childcare needs, raising frustrations over the financial obligations to the new childcare contribution payroll tax. For businesses with employees who rely on childcare, respondents indicated that current efforts have fallen short and have not provided effective solutions for working families. Employers report that childcare remains a challenge, with 47% seeing no improvement in affordability or availability since recent legislative changes.

While businesses recognize the importance of childcare, many are concerned about the financial impacts imposed by the new payroll tax, with 87% opposing further increases. These responses indicate that it will be critical to review independent data on how the recent investments are working and if additional reforms, rather than tax increases, are possible.

A Call to Action: Facing Complex Challenges Head-On

The survey underscores a common frustration: Vermont needs to focus on tackling the systemic issues that drive costs and limit growth. Vermont businesses are calling for bold reforms to the state’s tax structure, housing policy, and healthcare system to alleviate pressures and unlock long-term economic potential.

As the 2025 legislative session approaches, the Vermont Chamber remains committed to amplifying these voices and advocating for policies that reflect Vermont’s values while addressing its greatest challenges. The real progress Vermont needs requires facing complex issues directly, balancing costs with investments, and creating an environment where businesses and communities can thrive.

December 12, 2024

SHARE THIS ARTICLE

RECENT NEWS

Vermont Chamber Welcomes Three Professionals

December 19, 2024

Bradley Tusk Announced as Keynote Speaker for 2025 Vermont Economic Conference

December 10, 2024

Bradley Tusk Announced as Keynote Speaker for 2025 Vermont Economic Conference

December 11, 2024December 10, 2024

Bradley Tusk Announced as Keynote Speaker for the 2025 Vermont Economic Conference

The Vermont Chamber of Commerce has announced Bradley Tusk, venture capitalist, political strategist, philanthropist, and author, as the keynote speaker for the 2025 Vermont Economic Conference. The conference, Vermont’s premier economic event, will take place on Tuesday, January 28, 2025, at the UVM Davis Center in Burlington, Vermont.

As the Managing Partner and Co-founder of Tusk Venture Partners, the world’s first venture capital fund investing solely in early-stage startups in highly regulated industries, Tusk brings a wealth of experience in navigating complex political and business landscapes. During the keynote, Tusk will join Vermont Chamber of Commerce president, Amy Spear, for a fireside chat on the intersection of innovation, policy, the future of Vermont’s economy, and his efforts to bring mobile voting to more U.S. voters.

Tusk is the author of Vote With Your Phone: Why Mobile Voting Is Our Final Shot At Saving Democracy, Obvious In Hindsight, and The Fixer: My Adventures Saving Startups From Death by Politics. He also hosts the podcast Firewall, which explores the intersection of technology and politics. He is the founder of Tusk Philanthropies, which focuses on campaigns for both mobile voting and for universal school meals. Recently, Tusk Philanthropies’ Solving Hunger initiative worked with Hunger-Free Vermont to champion school meal funding, benefiting more than 83,000 Vermont students.

Earlier in his career, Bradley served as campaign manager for Mike Bloomberg’s 2009 mayoral race, then as Deputy Governor of Illinois, overseeing the state’s budget, operations, legislation, policy and communications. He also worked as Communications Director for US Senator Chuck Schumer, and as Uber’s first political advisor. He founded the political consulting firm, Tusk Strategies.

“We are thrilled to have Bradley Tusk join us as our keynote speaker,” said Amy Spear, President of the Vermont Chamber of Commerce. “His expertise in navigating regulatory environments and his innovative approach to problem-solving will provide invaluable insights for Vermont business leaders as we look to adapt to national and global economic trends.”

The 2025 Vermont Economic Conference will offer attendees an in-depth look at national, global, and state economic outlooks, with a focus on key macroeconomic trends and actionable strategies for business growth. Content areas will include:

National and Vermont Economic Outlooks: Gain insights into the key macroeconomic trends driving national growth and understand how Vermont fits into the broader economic landscape.
Engaging Presentations: Presentations will highlight strategies for business growth, including insights into the regulatory challenges and opportunities Vermont businesses face.
Networking Opportunities: The conference will offer an excellent opportunity to connect with industry leaders, policymakers, and fellow business executives from across Vermont.

The presenting sponsors of the event are TD Bank and Comcast. Additional support is provided by businesses committed to advancing the Vermont economy, including A.N. Deringer, KPMG, Union Mutual, Vermont Economic Development Authority (VEDA), Vermont Electric Power Company (VELCO), Fidelity Investments, Green Mountain Power, Primmer Piper Eggleston & Cramer PC, VGS, and White + Burke Real Estate Advisors. For more information and to register for the 2025 Vermont Economic Conference, please visit vtchamber.com/economicconference.

December 10, 2024

RECENT NEWS

Vermont Chamber Welcomes Three Professionals

December 19, 2024

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

December 12, 2024

Vermont Chamber of Commerce Hosts 11th Annual Manufacturing Summit

December 6, 2024

Vermont Chamber of Commerce Hosts 11th Annual Manufacturing Summit

December 6, 2024December 6, 2024

Vermont Chamber of Commerce Hosts 11th Annual Manufacturing Summit

For over a decade, the Vermont Chamber of Commerce has brought together industry peers to facilitate sourcing and procurement opportunities at the Manufacturing Summit. This year, 130 industry leaders and manufacturing professionals from across Vermont, New England, and Canada convened to collaborate, share insights, and explore solutions to the sector’s most pressing challenges. Held on November 13-14 at the recently renovated Hotel Champlain in Burlington, the event included an in-person networking reception followed by a robust day of programming designed to strengthen connections and spark collaboration.

As global markets and regulations shift, manufacturers must adapt to maintain competitive advantages and ensure long-term success. With the theme of “Resilience by Design,” this year’s Manufacturing Summit brought together experts to discuss strategies for building resilient supply chains, leveraging technology for greater adaptability, and navigating an evolving regulatory landscape. A key feature of the conference was the Business-to-Business (B2B) Matchmaking Program, designed to connect manufacturers with potential partners, suppliers, and clients.

The summit focused on key issues facing the manufacturing sector, including workforce development, artificial intelligence, cybersecurity, and supply chain strategies. Attendees included representatives from a wide range of industries, including precision manufacturing, food production, construction, and clean energy. 

“Since 2013, the Vermont Chamber has built a legacy of strengthening the manufacturing industry through policy and programming efforts to give Vermont manufacturers a competitive edge. This year’s Manufacturing Summit provided invaluable insights for manufacturers across the region,” said Amy Spear, President of the Vermont Chamber of Commerce. “As manufacturing, a leading contributor to Vermont’s GDP, continues to evolve, it is more important than ever to foster collaboration and equip businesses with the connections and resources they need to be successful.”

This year’s summit was generously supported by the Vermont Agency of Commerce and Community Development’s Department of Economic Development, G.S. Precision, Manufacturing Solutions Inc., Collins Aerospace, GE Aerospace, VT Apex Accelerator, the University of Vermont CEMS, KAMAN Composites Vermont, and the Vermont Manufacturing Extension Center. Plans for next year’s event are already underway, and the Chamber looks forward to building on this year’s success to continue advancing Vermont’s manufacturing sector.

December 6, 2024

RECENT NEWS

Vermont Chamber Welcomes Three Professionals

December 19, 2024

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

December 12, 2024

Bradley Tusk Announced as Keynote Speaker for 2025 Vermont Economic Conference

December 10, 2024

Vermont Chamber Releases Legislative Biennium Report

October 30, 2024October 29, 2024

Vermont Chamber Releases Legislative Biennium Report, Emphasizes the Importance of Collaborative Solutions

The Vermont Chamber of Commerce has announced the release of its 2023-2024 Legislative Biennium Report, highlighting the critical role of state-level policymaking in shaping the business landscape and economy of Vermont.

“As we present this report, we are reminded of the resilience and dedication that define Vermont’s business community,” said Amy Spear, President of the Vermont Chamber. “Over the past two years, we’ve navigated significant legislative activity and unprecedented challenges that have both tested and strengthened our collective resolve.”

The report underscores the essential need for active engagement and advocacy in Montpelier. “It is imperative that a diverse range of perspectives is included in the policymaking process,” added Spear. “True innovation and balanced policy outcomes arise from collaboration—a practice central to the work of the Vermont Chamber.”

Highlights from the 2023–2024 Legislative Biennium Report:

Advocacy Efforts: The Vermont Chamber’s advocacy team, led by Vice President of Government Affairs Megan Sullivan, testified 55 times before legislative committees and monitored 964 committee hearings, ensuring that the voice of the business community was heard.
Legislative Engagement: The Chamber hosted with 14 legislative interns, fostering the next generation of leaders and advocates.
Economic Focus: Amid record-high government spending supported by one-time federal pandemic relief funding, the Chamber emphasized the need to return state spending to sustainable levels to address the affordability crisis impacting businesses, individuals, and families.
Policy Impact: Several key bills beneficial to Vermont’s business community were successfully passed, while numerous proposed tax increases that could have strained the state’s economic climate did not advance.
Voting Transparency: Incumbent legislators’ voting records on key economic issue. This resource provides businesses with clarity on how their Senators and Representatives voted, enabling informed political engagement and advocacy to strengthen Vermont’s business environment.

As election season progresses, it is imperative for candidates to prioritize economic growth and recognize the significant role Montpelier plays in shaping Vermont’s business landscape. Looking to 2025, the Vermont Chamber’s commitment to balanced, data-driven, and pragmatic approaches remains strong. The Vermont Chamber advocacy team will be visiting communities across Vermont in the coming months to preview the full slate of business issues expected in the State House during the upcoming legislative session.

October 29, 2024

RECENT ADVOCACY NEWS

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

December 12, 2024

2024 Election Results

November 8, 2024

Study Reveals Path to Improve Vermont Education Quality While Reducing Costs

October 29, 2024

Vermont Chamber of Commerce Joins Employee Wellness Partnership

September 13, 2024September 13, 2024

Vermont Chamber of Commerce Joins Employee Wellness Partnership

The Vermont Chamber of Commerce announced today its participation in the Employee Wellness Partnership, a statewide initiative coordinated by Workplace Compliance and Wellness Vermont (WCWV). The program brings together companies, organizations, and resource providers to reduce suicide and overdose deaths in Vermont by promoting a culture of care and empathy within workplaces and communities.

As a member of the Employee Wellness Partnership, the Vermont Chamber joins The Associated General Contractors of Vermont, Ski Vermont, Jenna’s Promise, Sana at Stowe, Invest Employee Assistance Program, and the Vermont Department of Health, to highlight the health and wellness of employees across the state. The partnership seeks to destigmatize conversations around mental health and substance abuse through training, education, and open dialogue, making workplaces safer and more supportive environments for everyone.

“We’re partnering in this effort because we recognize how critical the role of employee wellness is to retention and overall business success,” said Amy Spear, President of the Vermont Chamber of Commerce. “We’ve heard from businesses that have employees in crisis and want to help but don’t always have the tools to support them. This partnership aims to reduce stigma and provide the resources and training needed to build on our culture of healthy and supportive workplaces across Vermont.”

The Employee Wellness Partnership has made a significant impact since its inception, reaching approximately 150,000 Vermonters—25 percent of the state’s population—through its programs. The initiative has distributed 15,000 doses of Narcan, 25,000 harm reduction kits, and held 12 virtual discussions and 25 on-site visits to promote mental health awareness and employee well-being. The initiative’s success was recently recognized with a Power of Associations Gold Award by the American Society of Association Executives (ASAE).

“By actively caring for people in the workplace, we can save lives and build stronger communities,” said Reid Wobby, a leading advocate for employee wellness and a representative from WCWV. “The Employee Wellness Partnership offers the resources and support that businesses and organizations need to make a real difference in the lives of their employees and their families.”

As part of this ongoing commitment to workplace well-being, the Vermont Chamber of Commerce is hosting the Solutions Summit on September 25th, a one-day conference focused on workforce development programs. Reid Wobby will present a session titled “Supporting Employees in Crisis: Mental Health and Substance Abuse Response and Support,” offering practical steps employers can take to assist employees in crisis. Registration for the event is now open, with more details available at www.vtchamber.com/workforce-solutions-summit.

The Vermont Chamber of Commerce is proud to join this critical initiative to help foster healthy, supportive work environments across the state. For more information on the Employee Wellness Partnership or to learn how your business can get involved, please visit www.wcwvt.com.

September 13, 2024

RECENT HOUSING NEWS

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

December 12, 2024

Vermont Chamber Releases Legislative Biennium Report

October 29, 2024

Key Steps Launched in Act 250 Modernization Process

August 28, 2024

Vermont Chamber of Commerce Announces 2024 Manufacturing Summit

December 5, 2024August 29, 2024

Vermont Chamber of Commerce Announces 2024 Manufacturing Summit

The Vermont Chamber of Commerce has announced the reimagined 2024 Manufacturing Summit scheduled for November 13-14, 2024, at the recently renovated Hotel Champlain in Burlington, Vermont.

With the theme of “Resilience by Design,” this year’s Manufacturing Summit will be the premier event for industry leaders, policymakers, and innovators to explore and address the challenges of manufacturing in a rapidly evolving regulatory and trade environment. As global markets and regulations shift, manufacturers must adapt to maintain competitive advantages and ensure long-term success. This summit will bring together experts to discuss strategies for building resilient supply chains, leveraging technology for greater adaptability, and understanding the implications of new trade agreements, and regulatory changes. A key feature will be the Business-to-Business (B2B) Matchmaking Program, designed to connect manufacturers with potential partners, suppliers, and clients. This program will create networking opportunities, enabling participants to forge strategic alliances and explore new business ventures that enhance their resilience in the market.

“Since 2013, the Vermont Chamber has built a legacy of strengthening the manufacturing industry through policy and programming efforts to give Vermont manufacturers a competitive edge. We’re thrilled to have manufacturing take center stage and continue our collaboration with key industry partners,” said Amy Spear, President of the Vermont Chamber of Commerce.

Key offerings and content focus areas at this year’s summit include:

B2B Matchmaking: Facilitating connections between manufacturers and potential partners
Cybersecurity: Addressing the latest threats and protections in the manufacturing sector
Supply Chain Management: Strategies for developing resilient and efficient supply chains
Workforce Development: Exploring solutions to workforce challenges and skill gaps
State and Federal Regulations: Navigating the regulatory landscape that impacts manufacturing
Contract Manufacturing: Opportunities and challenges in the contracting space

The event kicks off with a networking reception on November 13, followed by a full day of programming and networking opportunities on November 14. For more information and to stay updated on event details, please visit vtchamber.com/vermont-manufacturing-summit. This event is generously supported by: the Vermont Agency of Commerce and Community Development’s Department of Economic Development, G.S. Precision, Manufacturing Solutions Inc., Collins Aerospace, GE Aerospace, VT Apex Accelerator, University of Vermont CEMS, KAMAN Composites Vermont and the Vermont Manufacturing Extension Center.

August 29, 2024

RECENT NEWS

Vermont Chamber Welcomes Three Professionals

December 19, 2024

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

December 12, 2024

Bradley Tusk Announced as Keynote Speaker for 2025 Vermont Economic Conference

December 10, 2024

Vermont Chamber of Commerce Announces Keynote Speakers for 2024 Solutions Summit

August 26, 2024

Vermont Chamber of Commerce Announces Keynote Speakers for 2024 Solutions Summit

The Vermont Chamber of Commerce has announced the keynote presentations for the 2024 Solutions Summit, Vermont’s premier workforce development conference, taking place on September 25, 2024, at the DoubleTree by Hilton in Burlington. This year’s event will bring together business leaders, educators, and policymakers to address the pressing challenges of the modern job market with actionable and scalable solutions.

Presentations at the Solutions Summit will provide solutions-driven insights designed to harness innovative ideas and cutting-edge technology to tackle the most significant workforce issues facing Vermont businesses today. Attendees will explore critical topics such as strengthening the connection between education and employment, improving employee retention and recruitment, leveraging technology to enhance operational efficiency, and understanding Vermont’s legislative landscape as it pertains to workforce development. Keynote presentations include:

The State Opportunity Index: Strengthening the Link Between Education and Opportunity in Vermont, Stephen Moret, President, Strada
- The inaugural State Opportunity Index is a groundbreaking resource designed to help states enhance the pathway from education to opportunity. It profiles each state across five key dimensions—Clear Outcomes, Quality Coaching, Affordability, Work-Based Learning, and Employer Alignment—offering a comprehensive framework for improving employment outcomes. Stephen Moret will present new findings specific to Vermont and the nation, providing valuable insights and actionable recommendations for policymakers, education leaders, and the business community.
Building Vermont’s Workforce: The People Paradigm, Amy Spear, President, Vermont Chamber of Commerce, and Kevin Chu, Executive Director, Vermont Futures Project
- Vermont faces the critical challenge of needing 13,500 new workforce entrants annually. This session, led by Amy Spear and Kevin Chu, will delve into “The People Paradigm,” a key component of Vermont’s forthcoming Economic Action Plan. Through a data-driven presentation, they will explore strategies to enhance workforce efficiency, attract and retain talent, and establish a foundation for long-term economic growth. Attendees will leave with a deeper understanding of the workforce dynamics shaping Vermont’s future.
Workforce Policy Insights: Legislative and Administrative Perspectives, Alison Clarkson; Fauna Hurley (Office of Sen. Peter Welch); Jay Ramsay (Vermont Department of Labor); Moderated by Peter Hirschfeld, Vermont Public
- This session will equip business leaders with the knowledge and tools needed to effectively engage with Vermont lawmakers on workforce policy challenges. Participants will gain a better understanding of the legislative process, recent efforts to address workforce issues, and future policy directions that support Vermont’s labor market needs. This interactive session will provide an opportunity to engage directly with lawmakers and discuss the policies impacting Vermont businesses.

The Vermont Chamber of Commerce is committed to advancing the Vermont economy and shaping the future of work in Vermont, ensuring our state remains competitive in an ever-evolving economic landscape. The Solutions Summit is sponsored by Green Mountain Power, O’Brien Brothers, PC Construction, University of Vermont Professional and Continuing Education, VELCO, and Vermont Federal Credit Union. Registration for the Solutions Summit is currently open; visit vtchamber.com/workforce-solutions-summit for registration and additional information.

August 26, 2024

RECENT NEWS

Vermont Chamber Welcomes Three Professionals

December 19, 2024

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

December 12, 2024

Bradley Tusk Announced as Keynote Speaker for 2025 Vermont Economic Conference

December 10, 2024

Tom Dee Honored as Citizen of the Year

August 8, 2024

Vermont Chamber of Commerce Honors Tom Dee as the 2024 Citizen of the Year

On August 1, the Vermont Chamber of Commerce celebrated Thomas A. Dee, President and CEO of Southwestern Vermont Medical Center (SVMC), as the 2024 Citizen of the Year at an event in his honor. Colleagues, friends, and family members gathered at the historic Everett Mansion to recognize Dee’s outstanding contributions to advance the southern Vermont economy and elevate community healthcare standards.

The Citizen of the Year award is presented annually by the Vermont Chamber to an individual who has made significant contributions to the betterment of Vermont, distinguished through exceptional service to their community and region, and epitomizes the true spirit of service and self-sacrifice that defines Vermont citizenship. Tom Dee has exemplified these qualities through his visionary leadership and unwavering dedication to the southwestern Vermont community.

“I’m humbled by this honor and grateful for the attention it brings to SVMC and the community of Bennington, which I call home,” said Tom Dee. “I have always strived to be a good steward of this health care system and, while I consider myself a small part of its more than 100-year history, I understand the crucial role we have in the communities we serve and in the State of Vermont. This has always motivated me to move SVMC forward and support our community, where I can.”

Amy Spear, President of the Vermont Chamber of Commerce, also shared her thoughts on the occasion, saying, “Tom Dee embodies the finest ideals of Vermont citizenship. For 14 years, his unwavering dedication and visionary leadership have significantly improved the local economy and elevated community healthcare standards. We are proud to honor Tom Dee as the 2024 Citizen of the Year and celebrate his exceptional leadership and commitment to community.”

The Vermont Chamber of Commerce has been honoring outstanding Vermonters with the Citizen of the Year award since 1964. Previous recipients include Senator Patrick Leahy, Barbara Snelling, Antonio Pomerleau, and Ken Squier. This year’s celebration was a testament to Tom Dee’s remarkable contributions and his enduring legacy in Vermont. This event was supported by these generous sponsors: rk Miles, Casella, Farrell Distributing, The Richards Group, Southwestern Vermont Medical Center, Mack Molding, and The Putnam Redevelopment Group

Tom Dee being handed the Citizen of the Year award by Kathleen Fisher, chair of the Southwestern Vermont Medical Center. The award is a marble statue shaped like the Bennington Battle Monument. — Tom Dee is awarded the Citizen of the Year by Kathleen Fisher, chair of the Southwestern Vermont Medical Center. The marble statue, shaped like the Bennington Battle Monument, symbolizes his exceptional service and dedication to the Vermont community.

August 8, 2024

RECENT VERMONT CHAMBER NEWS

Vermont Chamber Welcomes Three Professionals

December 19, 2024

Facing the Hard Truths: Vermont Businesses Call for Systemic Reforms

December 12, 2024

Bradley Tusk Announced as Keynote Speaker for 2025 Vermont Economic Conference

December 10, 2024

Vermont’s Regulatory Environment and Aging Demographics Add to Growing Cumulative Impacts Facing Vermont Businesses

August 6, 2024July 26, 2024

Vermont’s Regulatory Environment and Aging Demographics Add to Growing Cumulative Impacts Facing Vermont Businesses

Health insurance providers have submitted commercial rate increase proposals to the Green Mountain Care Board for 2025. Blue Cross Blue Shield of Vermont is requesting a 24% increase, while MVP is seeking a 9% increase. These proposals follow two consecutive years of double-digit rate hikes, creating an unsustainable financial burden for Vermont’s businesses and their employees.

For businesses already struggling with numerous financial challenges, including supply chain disruptions, a new payroll tax, significant property tax increases, inflation, and labor shortages, these additional health care cost pressures are part of a bigger cumulative impact pushing some companies to a breaking point.

The rising cost of healthcare and insurance in Vermont is driven by several factors, including increased utilization, higher prescription drug costs, staffing challenges, and other economic pressures. The 65+ demographic uses healthcare services at a much higher rate, and with 100,000 Vermonters expected to join this age group in the next decade, costs will continue to rise.

Addressing Vermonters’ healthcare needs affordably is a complex challenge without easy solutions. Regulators will need to carefully review hospital budgets and insurance rates while considering the burdens businesses are facing. If implemented, these proposed insurance increases would exacerbate existing hardships and harm the economic health of our state. Health care coverage is a crucial component of the wage and benefit packages employers offer. As insurance premiums rise, employers face the tough decision of trying to absorb these additional costs or passing them on to employees; neither option is desirable.

The Green Mountain Care Board is accepting public comment on these rate increases. We encourage you to submit your feedback here.

July 26, 2024

RECENT HOUSING NEWS