Helping small business with health insurance

Thursday, April 07, 2005

Illinois is launching a new plan to help small businesses with their health insurance. Read more.

Higher health care costs depress employment. According to researchers at Dartmouth College, when health insurance premiums increase by 10 percent, the fraction of the population that is employed goes down by 1.4 percent, while the fraction the employed who work full-time goes down by 2.4 percent. Using this relationship, Illinois researchers estimate that Illinois loses 80,000 jobs every time premiums increase 10 percent.

The Dartmouth paper is titled, The Consequences of the Growth of Health Insurance Premiums, Download the paper.

posted by Ed Morrison |

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