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Business Econ Article
High Cost Of Benefits
In today's tight labor market, most business owners, small business included, recognize they have to offer better salaries and better benefits to attract and retain employees. Currently, 44 percent of the uninsured people in the United States are owners of companies that have fewer than 50 employees, according to the Cato Institute.
"I would have bad teeth and poor health if it weren't for my wife," said CPA Paul Hense of Grand Rapids, Mich. Hense is covered under his wife's plan, but doesn't have one for himself because the cost is prohibitive, he said. …
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