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Study: Less Than 25% of Small Businesses are Likely to Offer Coverage by 2014

Written by: JD Cleary
August 8, 2011 at 4:38 AM

NFIB Small BusinessIn July 2011, the National Federation of Independent Business (NFIB) released a new study, "Small Business and Health Insurance: One Year After Enactment of PPACA", focused on the affect health reform has had on employee health benefits. The study predicts that less than 25% of small businesses will offer group health insurance in 2014.  

According to the study:

    • 57% of those small employers are likely to drop health coverage by 2014.  

    • 100% of the small employers that are likely to drop health coverage, also said they would continue to provide coverage to employees if a "tax-excluded contribution" solution existed (the tax-excluded contribution solution exists via defined contribution health plans).

Click here to read the full NFIB report.

defined-contribution-health-benefits

Topics: Small Business, Small Group Health Insurance

Additional Resources

Trying to decide which HRA is best for you? Take our quiz to find out.
Get our guide on how to offer health benefits with a small budget.

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