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While low-wage workers in large firms fared better than those in small firms, these workers were also much less likely to be offered, eligible for, and covered by health benefits from their employer than higher-wage workers in large firms. Consequently, low-wage workers in small and large firms were more likely to be uninsured than were higher-wage earners in both small and large firms. Among workers earning less than $15 an hour, more than half (54%) of those in small firms and one-third in large firms were uninsured at some point in 2010. Adversely, among workers earning $15 or more an hour, 19% of workers in small firms and 7% in large firms were uninsured in 2010.Only 36% of small-firm workers with health benefits from their employer were offered a choice of plans, compared with two-thirds (66%) of those in firms with 50 or more workers. In addition, 31% of small-firm workers faced an annual deductible of $1,000 or more compared with 21% of those in large firms. Fifteen percent of small-firm employees did not have prescription drug coverage included in their benefits packages, compared with 4% of larger-firm employees.Most U.S. workers have health insurance through an employer, either their own or a family member’s. In 2010, three in five (59%) adults ages 19 to 64 who were working full- or part-time and who were not self-employed had health insurance from their own employer; an additional 16% were covered through a family member’s employer. One in four (26%) workers was not covered by an employer: 4% had public coverage (Medicaid or Medicare), 3% purchased their own plan in the individual market, 4% reported coverage from another source and 15% were uninsured. Click here for the full report, “Realizing Health Reform’s Potential: Jobs Without Benefits: The Health Insurance Crisis Faced by Small Businesses and Their Workers.”
While low-wage workers in large firms fared better than those in small firms, these workers were also much less likely to be offered, eligible for, and covered by health benefits from their employer than higher-wage workers in large firms. Consequently, low-wage workers in small and large firms were more likely to be uninsured than were higher-wage earners in both small and large firms. Among workers earning less than $15 an hour, more than half (54%) of those in small firms and one-third in large firms were uninsured at some point in 2010. Adversely, among workers earning $15 or more an hour, 19% of workers in small firms and 7% in large firms were uninsured in 2010.
Only 36% of small-firm workers with health benefits from their employer were offered a choice of plans, compared with two-thirds (66%) of those in firms with 50 or more workers. In addition, 31% of small-firm workers faced an annual deductible of $1,000 or more compared with 21% of those in large firms. Fifteen percent of small-firm employees did not have prescription drug coverage included in their benefits packages, compared with 4% of larger-firm employees.
Most U.S. workers have health insurance through an employer, either their own or a family member’s. In 2010, three in five (59%) adults ages 19 to 64 who were working full- or part-time and who were not self-employed had health insurance from their own employer; an additional 16% were covered through a family member’s employer. One in four (26%) workers was not covered by an employer: 4% had public coverage (Medicaid or Medicare), 3% purchased their own plan in the individual market, 4% reported coverage from another source and 15% were uninsured.
Click here for the full report, “Realizing Health Reform’s Potential: Jobs Without Benefits: The Health Insurance Crisis Faced by Small Businesses and Their Workers.”
Kristen Heinzingereditors@plansponsor.com