itsy-bitsy Business: Affordable Health Benefits Key Concern

Health care benefits have become more expensive in modern years, which puts them out of come for many Americans. Of the more than 45 million Americans who are uninsured, nearly 60 percent are employed by shrimp businesses.

According to a unique perceive commissioned by Aflac of 501 small-business owners, many understand the role of a splendid benefits package in the hiring process.

Nearly two-thirds of respondents reported that they are concerned about their company's ability to provide a benefits package that will attract and withhold employees.

Half of those surveyed agreed that they cannot attract and withhold top-quality employees without offering competitive health benefits. However, small-business owners also acknowledged that providing benefits presented sure financial issues as well. The seek found:

* Nearly half reported that increasing health care costs have negatively impacted their employees' wages.

* Six in 10 respondents agreed that "it is necessary to financially aid employees with health challenges and medical emergencies."

* Forty-two percent of those surveyed agreed that annual increases in health benefits have made them decrease their offerings.

In feedback from dinky business owners, Aflac also found that many of them assumed that coverage was available only to astronomical corporations. As a result, the insurer launched a novel nationwide radio campaign focused on letting growing companies know that Aflac may provide an affordable solution to enhancing employee support offerings.

"At Aflac, we sight that minute business owners wear many hats, including the responsibility of making quality insurance benefits available to their employees," said Paul S. Amos II, executive vice president and chief operating officer at Aflac. "However, with rising health care expenses, many limited business owners struggle to afford the cost of insurance while maintaining and recruiting a quality workforce.

"Because diminutive businesses are more susceptible to premium increases, it is distinguished that they are well-informed of the numerous health back options available. Aflac offers a wide variety of policies with no convey cost to employers, since most of the policies are individually issued and paid."