Posted on November 18, 2009 08:51
Categories: Employer and Individual Insurance | Legislative and Regulatory Issues
Topics: Employer-Sponsored Coverage | Health Care Reform | Individual Coverage | Legislation (National)
A TriNet Group Inc. survey found 71 percent of small business owners worry that health care reform legislation will increase their health care costs and 56 percent believe it will cause “unnecessary complexity”. Of those respondents who believe that the legislation will increase cost, 44 percent indicated that they would reduce benefits to recoup their costs while 21 percent said they would first look to cut wages and 20 percent said they would reduce staff.
From the introduction:
In September 2009, TriNet conducted an online survey of businesses primarily in the financial services, professional services, and technology industries. The purpose of the study was to assess issues associated with the current health care program environment. Questionnaires were sent to the Owner/President/CEOs of a selected group of companies. The survey contained 19 questions. Responses were received from 216 companies located in 32 of the 50 United States. There is a good representation based on number of employees: 62.3% have between 1 and 40 employees, 20.5% have 41 to 100 employees, and 17.3% have more than 100 employees.
Full report: Summary of TriNet’s Q3 HR Trends Survey (PDF | 245.25 KB)
TriNet Group, Inc. (2009). Summary of TriNet's Q3 HR trends survey.
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