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Higher health costs may mean no pay raises

number of small-business owners who are able to provide health insurance to their employees has dropped from 67 percent in 1995 to 38 percent in 2008. More than 90% of respondents believe that health benefits provide them a competitive edge in recruiting and hiring top employees.

NSBA has launched a “Health Reform Today” (www.HealthReformToday.org) initiative as a way to highlight the need for healthcare reform. The organization believes that since small business creates the overwhelming majority of new jobs and innovations, Congress should do all it can to ensure that entrepreneurship remains a viable option, including removing barriers such as the hugely burdensome cost of health care.

Source: National Small Business Association, www.nsba.biz


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