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Daily News Updates - Health Insurance News

Mini-Biz Health-Care Wishes and Woes, Pt.2 – Trends and patterns.

Previous…

With health insurance among the top three concerns today of the American voter, knowledge of problems and remedies are becoming crucial. The top spokesperson for NASE and their , executive director, Kristie Darien has worked with Ms. Klein, who is the columnist for ‘Smart Answers’, in examining and explaining the findings of the most recent health insurance survey. Ms. Klien notes that NASE has performed similar surveys, going back as far as 2002. Some of the most important projections are to be found in trends and patterns. So, here are some of the patterns that have emerged by contrasting two former health insurance surveys conducted from the same microbusiness industry. Those earlier surveys were conducted back in 2002 and in 2005.

To start with, responses indicate a significant increase of those who now carry health insurance coverage for themselves, from 54.9% in 2005, up to 67% this year. The twist, however, is the stark drop in the percentage of those that no longer cover health insurance for their full-time employees. Since 2005, that coverage has plummeted from 46.2% down to only 18.6% this year. This discovery was, perhaps, the most significant and revealing finding of the whole study. The cause for this is no surprise, but the strong agreement among respondents solidifies the premise. A large, 65%, of the respondents were in agreement that the cost barrier was not only key, but was the sole factor of why these entrepreneurs, who wanted to provide coverage for their employees, were not able to.

Continued…

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