JPMorgan Chase: Health Insurance Premiums Are Burdening Small Businesses – MedCity News ...Middle East

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JPMorgan Chase: Health Insurance Premiums Are Burdening Small Businesses – MedCity News
source : NY Times News ( Middle East ) () 38
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 as “nonemployer small businesses.

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