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Tuesday, August 28, 2007  

Employers Struggling to Provide Small Business Health Insurance

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In the midst of all the bad news regarding medical coverage, it was a pleasant surprise today to see the Kaiser Daily Report offer a more positive analysis of small business health insurance in America.

Employers, buried under the weight of healthcare costs, have been struggling to provide coverage to employees for the last 5 years. However, regardless, they seem to doing their best. According to the report, "71% of U.S. private-sector employees have access to employer-based health care benefits this year, and 52% of workers with access chose to participate in the plans, according to a report by the U.S. Department of Labor's Bureau of Labor Statistics."

Of course, these statistics are down from decades past, where small business health insurance was more affordable and didn't eat into business profits. But with today's more affordable "cafeteria style" plans, many business owners are doing their best to provide some kind of coverage for their employees.

And those who do offer small business health insurance often benefit later on with higher morale, lower turnover, and beneficial tax breaks. Hopefully, as attention continues to be focused on this issue, more and more employers will find themselves in a position to offer insurance, protecting the health and wellbeing of their employees and their business.