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Number of Small Businesses With Health Insurance Plummets Since 2000

If your small business has dropped health insurance in the last few years, you are definitely not alone:

The share of small companies providing insurance plummeted from 47% to 38% between the years 2000 and 2011, according to a report from the Robert Wood Johnson Foundation.

The proportion of all companies offering insurance slid from 59% to 52%.

Annual premiums paid by individuals doubled from $2,490 to $5,081, while family premiums rose even more, from $6,415 to $14,447.

As a result, fewer companies are offering health insurance, and fewer employees are taking it.

Employee health insurance is on the decline, and for small businesses, it’s gone from bad to worse.

Are you a small business owner? Tell us about it in our discussion forum!

Related posts:

  1. Rising Health Insurance Premiums Squeeze California Small Businesses; Is the Economic Recovery in Jeopardy?
  2. Small Businesses: Is High-Deductible Health Insurance the Answer?
  3. Small Businesses: The Health Insurance Tax Credit Calculator
  4. Healthcare Reform: Will Small Family Businesses Be Eligible for Health Insurance Tax Credits?
  5. CBO Thinks Small Businesses Are Giving Up $20 Billion in Health Insurance Tax Credits

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