Posted by Jason Colon in 
“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
