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Cost cited as main reason small employers don’t offer health insurance: NFIB

Posted On: Apr. 4, 2023 10:04 AM CST

Many small businesses that don’t offer employees health insurance continue to find the cost of a huge hurdle, according to a survey by the National Federation of Small Business, BenefitsPro reports. The NFIB said that 65% of employers who do not offer health insurance cited cost as the main reason they do not provide the benefit. Businesses with more employees were more likely to offer health insurance; 89% of the companies with 30 or more employees offered insurance, compared with 39% of those with one to nine employees, the survey found.