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View Full Version : Small business health care statistics


Steve
10-29-2007, 09:45 AM
This is just a sad statistic. How did the health care industry get so bad? How did costs get so great that we are dealing with this statistic today.
"of 1,000 U.S. small businesses with fewer than five employees, 75% of respondents provided no health coverage. "

Do you think any of those running for president will be have the drive to fix this? If so who?

Senate mulls small biz healthcare reform (http://money.cnn.com/2007/10/24/smbusiness/small_firm_health_insurance.fsb/index.htm?postversion=2007102610) - On Thursday the Senate Finance Committee considered options to expand health care coverage for small business employees. Half the nation's 47 million uninsured workers are employed by small businesses, according to a committee press release, and coverage offered to small business employees is declining rapidly.

The hearing covered a smorgasbord of ideas: making coverage more portable, creating multi-state pooling arrangements (also known as association health plans), reducing the cost of individual market coverage for sole proprietors, and creating health care tax credits for businesses or individuals.

In a recent Discover Card suvey of 1,000 U.S. small businesses with fewer than five employees, 75% of respondents provided no health coverage. About a third of businesses that did offer health benefits were thinking about ending coverage because of rising costs.