51% of businesses struggle to afford insurance for their employees: survey

Many owners of small and midsize businesses say they are struggling with the cost of healthcare premiums for their employees, a new survey found. 

Advertisement

The survey included over 250 business owners and over 1,000 general population respondents, and was commissioned by online health insurance marketplace eHealth. Of the business owners, 40 percent said they are struggling to afford the cost of providing group insurance coverage to their employees, and 11 percent say they may have to stop offering coverage entirely in the future. 

Among the general population surveyed, 59 percent who had worked a job that did not provide health insurance said the lack of coverage negatively affected their job satisfaction. 

The general population surveyed also said employers put themselves first when choosing health plans — 73 percent of respondents either agreed or strongly agreed that the health plans offered were more in line with employers’ needs than their own. 

See the full survey results here.

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.

Register to Attend Webinar

Read. Deleted. Ignored. What It Takes to Drive Behavior Change and Lower the Cost of Care

Tuesday, August 4
11:00 AM - 12:00 PM CDT

Presenters: Koleen Cavanaugh, Independence Blue CrossBukata Hayes, HMO Minnesota (Blue Plus)Nathan Foco, Select HealthTrish Cox, SCAN Health PlanJonas Puente, ZS Associates

Advertisement

Next Up in Payer

Advertisement

Comments are closed.