Skip to comments.Study: Small biz health costs have doubled under Obama
Posted on 02/07/2014 3:23:02 PM PST by lowbridge
Health care costs for small businesses have doubled under President Obama, according to a new study.
The report from the National Small Business Association (NSBA) surveyed 780 small business owners and found that healthcare cost increases are preventing many companies from growing.
The study found the cost of providing health insurance to employees has nearly doubled during the Obama administration. Currently, small businesses pay a monthly average of $1,121 per employee for health insurance premiums, up from $590 in 2009.
According to the study, 91 percent of small businesses saw their healthcare costs go up during their most recent renewal period.
A prominent House Republican pointed to the study as "further evidence" that ObamaCare is hurting small businesses.
(Excerpt) Read more at thehill.com ...
The gov't has made cost numbers totally Ridiculous.
It was like that long before the gov came into it.
Not at this rate!!!