But cost is still a problem. Small businesses typically pay more for insurance than big businesses do and get significantly less for their money. No surprise, then, that the share of small businesses providing insurance has dropped since 1999, according to the Kaiser Family Foundation.
Of course, given the costs associated with administering such a benefit and the matching contributions to your employees’ accounts, it’s also a fairly expensive way to keep your people happy. Yes, the government helps defray a significant portion of those expenses.
