Healthcare and the Small Business
One of the challenging issues when it comes to the small small business is healthcare. It’s an absolute must, but who can afford it? As we continue to make cuts to shore up the bottom line, the cost of healthcare continues to rise. It is impossible to recruit and retain talent without offering healthcare benefits. Even then, trying to manage the paperwork when a claim is made becomes a major project in itself. And trying to keep up with the annual changes in the contracts becomes another added chore.
The proposed healthcare reform is supposed to benefit small businesses. But how much additional work will it take to reap those benefits? With every change comes a ton of paperwork that ultimately costs more to manage.
What will the new healthcare reform bill look like? We’ll have tø see. Rather than new “hoops to jump through” we need real reform, and real cost reductions that will directly benefit our bottom line.
