Tuesday, July 28, 2009

How Many Startups Provide Health Insurance?

Scott Shane over at Economix posted a good summary yesterday of what we know about "how the health care mess affects entrepreneurship." According to the Kauffman Firm Survey, which tracks a sample of nearly 5,000 businesses started in 2004, and other sources from the Kaiser Family Foundation and U.S. Small Business Administration:

  • 29.5 percent of new employers provide health insurance to full-time workers
  • Majority of businesses with three to nine employees do not offer health insurance
  • 49.3 percent of self-employed workers have employment-based health coverage, compared to 70.5 percent of wage and salary workers

Check out the full post for more interesting statistics--and keep in mind that more than one out of five workers in Austin-Round Rock are self-employed. Brian Kelsey

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