Friday, April 24, 2009

Helping the Bottom Line - an Online Report

Helping the Bottom Line - an Online Report

From HHS, the email summary is as follows:

Today, the Department of Health and Human Services released The Bottom Line: Health Reform and Small Business. The new report highlights key facts about the impact of high health care costs on small businesses including:

Nearly one-third of the uninsured – 13 million people – are employees of firms with less than 100 workers.

In the past two years, more than half of small businesses that offered coverage reported switching to plans with higher out-of-pocket costs in response to rising premiums. Another third switched to a plan that covered fewer services, and 12% dropped coverage entirely.

Among small businesses that offer coverage, 40% report spending more than 10% of their payroll on health care costs.

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