Small Businesses Scrapping Healthcare
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| Wed, 11-18-2009 - 9:43am |
Small story in our local news today. Guess they don't want us realize how many millions of Americans will be losing healthcare in the future.
Small Firms Scrapping, Scaling Back Health Plans

JEFFERSON CITY, Mo. (AP) -- Small businesses across the country
are dropping or scaling back employee health care plans because of the rising cost of insurance.
The health insurance crunch has hit small businesses
particularly hard because they lack the leverage of their bigger
counterparts to negotiate with insurers. So when insurance rates rise, they often respond by asking employees to make higher co-payments, raising deductibles, switching to less generous benefits or simply dropping their coverage.
In recent weeks, small business owners have pleaded their case
to the White House and Congress. Top Democrats in both the House and Senate have said they are looking into how health insurers price their policies for small businesses. And lawmakers have proposed a variety of insurance rating changes, mandates and tax breaks to try to control costs.


I don't think many people understand how expensive the cost of insurance really is. Bigger companies can negotiate for more favorable rates based on the power of their numbers (as mentioned in your link). Small companies get shafted. Faced with a choice between staying in business or paying exorbitant insurance premiums which may mean going bust, many have chosen to do the former. Who can blame them?!
Looking into "how health insurers price their policies for small businesses" sounds damn unpromising. Political lip service and naught else.
As a liberal independent, I am more than ready to see an alternative to both the Republican and Democratic parties. Those in power now have too vested an interest in the status quo.
Jabberwocka
Oh, I'm not blaming the business owners at all. I can certainly understand the costs and the choices they have to make.
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I work from home and you can too! Ask me how!
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