April 4, 2008 ― New Study Reaffirms Need To Increase Affordability Of Small Business Healthcare
The
economic burden of providing health insurance for workers increased more for
small businesses than for large ones from 2000 to 2005, but the spike did not
cause a significant number of small employers to abandon the benefit.
“Annual increases in healthcare premiums consume a
higher percentage of a business’ payroll now more than ever, far outpacing wage
increases,” said Todd Stottlemyer, president and CEO of NFIB. “As a result, many small business owners face a
tough decision: provide a raise to their employees or offer healthcare
coverage.”