Daily News Updates - Health Insurance News

Mini-Biz Health-Care Wishes and Woes, Pt.1 – Another important piece of the puzzle.

Los Angeles-based writer, Karen Klein of Business Week has posted a very well-written article on businessweek.com to educate us on the health insurance aspect of the less-published, but still significant subset of small businesses we call micro-business. Karen is well-versed in in the field of small businesses and writes well-versed articles covering topics to inform and assist small businesses and entrepreneurs in today’s business arena. In this article, Karen has done a study of the unique challenges faced by this unique sector of American business. The article concerns the desire of those enterprises constituting 10 or less workers, to offer employee health insurance, but that are being squeezed out due to the ever-increasing costs. Karen presents the results and findings of a recent employer-based health insurance survey and provides analysis.

In a nutshell, it was found that most of these companies agree with the need to provide employer-based health insurance, but the rising costs have placed it out of their reach. This was the conclusion of the findings from a recent survey, performed by NASE.  NASE is an association called National Association for the Self Employed and concerns itself with the unique world of these ‘micro-businesses’. This survey is called NASE’s ‘2008 Health Care Survey’ and included almost 4,000 responding micro-business owners and self-employed individuals. Most of these entrepreneurs possessed a strong belief that our country needs to provide the availability of quality health insurance for all of it’s citizens that is within their means. They do, however, have very differing views about what can be done and how it should be done and are, also, concerned about the impact that health insurance reform will have on their business.

Continued…