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Posted by Jason Colon in Personal Development, Public Speaking, Sales on 11 20th, 2009 | No CommentsCosts force small business to scrap or scale back health insurance
Posted by Jason Colon in Business, Health Insurance, Insurance, Reform on 11 20th, 2009 | No Comments
“Across the country, businesses already strapped by the economy to turn a profit are sacrificing or scaling back employee health insurance plans because of their escalating costs,” The Associated Press reports.
Some stark statistics shed light on the problem.
- Small business pays 18% more than the largest firms for comparable insurance
- Many small businesses are facing double-digit rate hikes (10-15% in Ohio)
- According to the Kaiser Family Foundation, 46% of businesses with 3-9 employees offer health insurance, down from 58% in 2002
