Anaylsis
Not so long ago, employee health insurance on almost any level was a certainty.
Now, as more and more U.S. small businesses find the offering untenable because of soaring insurance premiums, employee health insurance is facing a dilemma: revamp the Affordable Care Act (ACA), come up with a new kind of private health care system, or attempt a form of universal health care—so that business owners can attract top talent and keep workers from constantly seeking better offers.
“In South Carolina, only 20.5 percent of businesses with fewer than 50 employees offer employer-based health insurance—and this problem is only going to get worse,” Frank Knapp, president and CEO of the South Carolina Small Business Chamber of Commerce in Columbia, South Carolina, told The Epoch Times….