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September 25, 2014

Small firms rethink health insurance

  • A growing number of small business owners are forgoing coverage and paying staffers more to compensate for the lost benefits.
    • By JOYCE M. ROSENBERG
    AP Business Writer

    NEW YORK — When Monty Hagler learned his employee insurance premiums could rise as much as 38 percent, the small business owner decided he couldn't afford coverage that complies with the health care overhaul.

    He considered a variety of plans from different carriers, but they were too expensive or bare-bones.


     
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