Whether they want to admit to it or not, small businesses will play a significant roll in helping to reform the U.S. healthcare system. The reality is that millions of people are employed by small businesses, and many of them do not have any heath insurance coverage.
The reasons become quite clear when considering these facts:
- 40% of small businesses claim to spend 10% of their payroll on health care costs
- 40% of small businesses say health care costs have prevented growth or resulted in highemployee turnover
If Obama’s health care plan is set into motion, small businesses will be forced to provide coverage to their employees. This, of course, could lead to financial troubles and possibly even bankruptcy for many small businesses that are already struggling.
Nonetheless, it appears that health care reform is imminent. Therefore, if you are a small business owner, it is in your best interest – as well as the interest of your employees – to start looking into your options as soon as possible.
To view more examples of our work, visit the Sample Content section of our website. And to learn more about the Healthcare Reform Bill, read our sample article about small businesses and health care reform.
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