Monday, May 23, 2016

54% of Small Firms Offered Health Benefits in 2015


Kaiser Family Foundation recently released an infographic on eligibility and coverage trends in employer-sponsored health insurance. Here are some key findings from the report:

·         The share of workers with employer-sponsored insurance dropped from 63% to 56% between 2000-2015.

·         Fewer than half of large firms offered coverage to same-sex or opposite-sex domestic partners.

·         In 2015, 97% large firms (>100 workers) offered health benefits, compared to 54% of small ones (3-49).

·         Among people under age 65, those with lower incomes were less likely to have health benefits.

·         5% of firms with more than 200 workers reduced hiring full time employees due to health benefit costs.

·         In 2015, firms with fewer workers 26 years or younger were more likely to offer health insurance (66%).

Source: Kaiser Family Foundation, May 3, 2016

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