As health premiums rise, small businesses seek alternatives
December 7, 2017
NEW YORK (AP) — Small businesses are getting notices about their premium and coverage changes for 2018, and some are making adjustments because of that.
The changes vary depending on the state where a company is located, how many employees it has and how comprehensive its insurance is. But many owners are facing rate increases of double-digit percentages or dramatically reduced coverage — or both.
Health insurance consultants expect more owners to rethink their strategies beyond 2018 and choose alternatives like paying for claims themselves or adding health services that can lower costs...