KevinMD January 1, 2025
As a licensed practitioner of family medicine who is also the majority owner of a small medical practice, I feel a responsibility to provide top-quality care for my patients as well as comprehensive health insurance coverage for my employees. The problem is, the high cost of health insurance and some of the solutions intended to lower insurance costs have made it increasingly difficult to do both.
My situation is particularly challenging because my small business operates under different constraints than companies in almost any other industry. Of course, we could raise our prices in response to rising costs. But increasing our prices doesn’t necessarily have an impact on our balance sheet because we can only earn for any given service...
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