Little Choice -- Small Companies Struggle to Provide Health Benefits

Summary


Editor's note: This is the third of a five-part series.

When it's time to look at his company's health-insurance benefit for the coming year, Matt Klein gets a giant knot in his stomach. The economy has rocked Klein's Custom Countertops, a family business in Salt Lake City. But the cost of providing health-care benefits for the company's 25 employees has continued to climb. Last year, the company's health-insurance premiums rose 25 percent.

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Little Choice -- Small Companies Struggle to Provide Health Benefits

It's a painful scene played out across the state by owners of small businesses -- and 95 percent of employers are small businesses in Utah. They lack the buying power of bigger companies to get affordable health insurance. Many of them simply do not offer insurance to employees at all, according to a number of studies, w...

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