Family Health Insurance
Oct
17
Obama: Businesses Being Crushed By Health Care Costs
October 17, 2009 | Leave a Comment
I recently heard from a small business owner from New Jersey who wrote that he employs eight people and provides health insurance for all of them. But his policy goes up at least 20 percent each year, and today, it costs almost $1,400 per family per month â his highest business expense besides his employeesâ salaries. Heâs already had to let two of them go, and he may be forced to eliminate health insurance altogether.
He wrote, simply: "I am not looking for free health care, I would just like to get my premiums reduced enough to be able to afford it."
Day after day, I hear from people just like him. Workers worried they may lose their coverage if they become too sick, or lose their job, or change jobs. Families who fear they may not be able to get insurance, or change insurance, if someone in their family has a pre-existing condition. And small business owners trying to make a living and do right by the people they employ.
These are the mom and pop stores and restaurants, beauty shops and …
Duration : 5 min 27 sec
