this past weekend my wife and I met up with some life-long friends from my home area of East Saint Louis, IL. We had a good time together. We sat around and talked about our lives and some of the challenges we face. My friends own a small business. It is a trucking company with about six or eight employees, and about the same number of trucks. It has been in their family for decades. They are very proud of it. They put their life work into it. We talk about business every time I see them. This time the conversation was not so much about business; it was about an issue which was clearly on their minds, and I believe the minds of small and large businessmen across America. The issue was health insurance. Something they had taken for granted for so many years has now become a challenge not only to their business but to their personal lives. A few years ago, one of their employees' wives had a baby with some serious medical problems. As a result of that, when the health insurance for their small company came up for renewal the next year, they saw their premiums double. This small company struggling to get by was faced with an impossible burden, how to continue to provide health insurance for the families and the workers in their employ at costs that were now out of reach. They tried for a year. When the rates continued to go up, in desperation they made a desperate decision.…
Editor's note · Context
Discussing the challenges of health insurance faced by small businesses.
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