Daily Document Update: HR Compliance Library, ¶46,467, Small businesses concerned about health care costs’ impact on profitability, ability to give raises - SURVEY RESULTS, (Nov. 6, 2019)

摘要

The rising cost of providing health insurance to employees is one of the top financial pressures facing ownersof small and midsize companies, according to a recent Enterprise Bank & Trust Think Tank survey. Enterprisesurveyed 230 businesses to understand issues and trends regarding the ever-growing cost of health insurance.For most, health insurance is a top line-item expense, next to payroll, and the only expense companies generallydon't have much control over. John Wennemann, Vice President of Human Resources at St. Louis-based DukeManufacturing, says his company strives to make their insurance program more attractive. "One of the stepswe've taken is to offer a narrow network option, with lower premiums, to make it more affordable."