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Small Business Employee Benefits and HR Blog

Infographic - The Small Business Health Economy

Small businesses in the U.S. are a substantial part of our economy, creating 75% of all jobs and employing over 60 million people. And yet, 22.3 million people who work for small businesses or are self-employed are uninsured, making up half of all uninsured Americans. While the current state of small business healthcare is bleak, there is a silver lining - individual health insurance reimbursement.

The_Small_Business_Health_Economy_Infographic

This new Zane Benefits infographic outlines the current state of small business healthcare, the problem with group health policies, the benefit of individual health policies, and why individual health insurance reimbursement works for small businesses and employees.

  • Did you know that the average cost for family coverage on a group policy is $16,000 per year and has increased 182% in the last 15 years? Tweet this stat!

  • Did you know that individual health policies are 20-60% less expensive than group health insurance policies? Tweet this stat!

  • Did you know that employees could qualify for $2,000 to $12,000 per year of a trillion-dollar federal subsidy - but only if your small business doesn't offer group health coverage? Tweet this stat!

  • Did you know that small businesses can reimburse employees for individual health insurance coverage with premium reimbursement (also called individual health insurance reimbursement)? Tweet this stat!

Infographic - The Small Business Health Economy

View and share this infographic via SlideShare: The Small Business Health Economy

What do you think about the small business health economy? Leave a comment or question below.

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