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Thursday, Jun 11 2009High Cost of Health Insurance Hinders Start-Up CompaniesHealth insurance costs are increasingly rattling start-up companies and, in some cases, keeping would-be entrepreneurs on the sidelines, especially those with p
adidas campus 80s re-existing medical conditions, the New York Times reports. Th
owala e high cost of health insurance is even more critical for entrepreneurs with ventures that are fewer than five years old, as they are in the critical stages of building clientele and profits, according to the Times. In addition, many start-ups have few employees, and the companies cannot receive the discounted insurance rates that larger companies have. A September Kaiser Family Foundation and Health Research and Educational Trust telephone survey of 2,122 companies found that premiums for small companies increased by 8.8% on average, compared with a 7% increase among larger companies with 200 or more employees. According to a 2005 National Association of the Self Employed mail survey of more than 600 small businesses, 51.1% of small-business owners said they did not offer, or plan to offer, health insurance coverage for themselves or their employees. The NASE survey found that 14% of the smallest companies grossing less than $50,000 annually offered health insurance, compared with 70% of companies with annual revenue of at least $500,000. S
stanley isolierkanne maller companies that offered health insurance to workers spent a median 18.7% of their gross sales on health coverage, compared wi
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