MedCity News June 28, 2024
A new report from JPMorgan Chase showed that small businesses are struggling with the cost of health insurance.
A new report from JPMorgan Chase offers insight into how healthcare premiums affect some of the smallest businesses in the U.S.
The analysis, published Wednesday, relied on de-identified data of small businesses that had Chase Business Banking deposit accounts and met the researchers’ criteria for being “active and small.” The businesses also had to have evidence of regular electronic health insurance premium payments.
About 81% of small businesses in the U.S. have no employees and have to buy health insurance for themselves and their families on the individual market unless they have coverage through another source. The analysis refers to these businesses...
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