This is from an article about “Obama Care, Trump Care, and The Next Great American Bubble” on the Remodel Healthcare blog.
50 million Americans are sitting on a health insurance bubble that is about to pop, who are they you may ask? Short answer: The 50 million Americans that get their health insurance from a small business employer. Many small business employers’ health insurance plan rates have doubled over just the past few years. Simply put most employers are one last rate increase away from their maximum budget, and they will not have enough money to cover their required minimum contribution.
These rate increases affect more people than you might think. According to the U.S Bureau of Labor Statistics nearly 53% of Americans are employed by a small business.