Top

Business Owners Share How They Actually Chose Their Health Care Plans

October 5, 2016

Via: Fortune

It’s been three full years since Healthcare.gov launched, allowing individuals and small businesses to enroll in health care under the Affordable Care Act.

Today, some 20 million people who lacked health insurance now have it, according to the U.S. Department of Health and Human Services. But that doesn’t mean the process has been easy. Particularly for small businesses.

Health insurance coverage is probably the most expensive benefit that small businesses offer, with 63% of business owners say the expense cuts into profits they’d use to expand, according to the most recent National Small Business Association health care survey. U.S businesses with fewer than 200 employees pay average premiums of $6,435 for individuals and $17,546 for families.

Read More on Fortune