Wednesday, February 4, 2009

Small Payroll, but Big Woes on Insurance

Amberly Allen, right, at her Texas direct-mail business, is looking at whether to end health benefits to avoid layoffs.

I found this article on the New York Times talking about how the economy has negatively affected the very important factor which attracted jobs during World War II: employee-based health insurance. The recession is threatening its status, especially among small businesses, which have had to, lets say, require employees to contribute more toward their premiums, or lower the required amount of hours to work to pay for the premiums (there are some other examples I cannot think of my head).

Health insurance already costs a lot already; it's pretty difficult to decide where to save money these days. Looks like Nader's single-payer ain't the solution, at the moment.

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