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Health Care Health Care Coverage for Small Coverage for Small
Businesses in Businesses in ColoradoColoradoHot Issues in Health Care Hot Issues in Health Care
20042004
Schulte ConsultingSchulte Consulting
LayoutLayout
What is small business health care What is small business health care coverage?coverage?
How many people receive health care How many people receive health care coverage through a small business?coverage through a small business?
What has happened to small business What has happened to small business health care coverage over time?health care coverage over time?
Why do small businesses offer coverage Why do small businesses offer coverage to their workersto their workers
Why do employees enroll in coverage?Why do employees enroll in coverage?
What is small business What is small business health care coverage?health care coverage?
Health care coverage for businesses Health care coverage for businesses with 1-50 employeeswith 1-50 employees
How many people receive How many people receive coverage through a small coverage through a small
business?business? What percent of Coloradans work for What percent of Coloradans work for
a small business?a small business? What percent of small businesses What percent of small businesses
offer health care coverage to their offer health care coverage to their employees?employees?
What percent of Coloradans receive What percent of Coloradans receive health care coverage through a health care coverage through a small business?small business?
What percent of Coloradans What percent of Coloradans work for a small business?work for a small business?
29% 28%
71% 72%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Colorado U.S.
50+<50
What percent of small What percent of small businesses offer health care businesses offer health care
coverage to their coverage to their employees?employees?
46% 45%
54% 55%
0%
20%
40%
60%
80%
100%
120%
Colorado U.S.
Small businesses that donot offer coverageSmall businesses thatoffer coverage
What percent of Coloradans What percent of Coloradans receive health care receive health care
coverage through a small coverage through a small business?business?
Small employer coverage, 11%
Large employer coverage, 51%
Individual, 6%
Medicaid, 6%
Medicare, 9%
Uninsured, 16%
What has happened to What has happened to small business over time?small business over time?
Annual single premiums
$0$500
$1,000$1,500$2,000$2,500$3,000$3,500$4,000
1996
1997
1998
1999
2000
2001
2002
Colorado U.S.
Percent offering
0%
10%
20%
30%
40%
50%
60%
1996
1997
1998
1999
2000
2001
2002
Colorado U.S.
Do small businesses pay Do small businesses pay higher premiums than large higher premiums than large
businesses?businesses?Annual premium for single coverage
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
Colorado U.S.
<50 employees50+ employees
Why do small business offer Why do small business offer health care coverage?health care coverage?
Business sizeBusiness size Income level of employeesIncome level of employees Competition with large businesses Competition with large businesses
for laborfor labor
What has happened to What has happened to small business employees small business employees
over time?over time?Employee contriubtion to
single coverage
$0$100
$200$300$400
$500$600
1996 1998 2000 2002
Colorado U.S.
Percent employees enrolling
0%
20%
40%
60%
80%
1996 1998 2000 2002
Colorado U.S.
Why do employees enroll in Why do employees enroll in coverage?coverage?
Income levelIncome level Coverage through spouse’s employerCoverage through spouse’s employer
Three things to Three things to rememberremember
11% of Coloradans are covered by 11% of Coloradans are covered by small business coveragesmall business coverage
Small businesses pay health Small businesses pay health insurance premiums that are similar insurance premiums that are similar to large businessesto large businesses
Businesses and employees to not Businesses and employees to not respond much to price changesrespond much to price changes
