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Report Examines Structural Factors Affecting Health Care Coverage Of Small Firm Workers

A report issued today by the Office of Advocacy of the U.S. Small Business Administration examines structural factors affecting health care coverage of small firm workers. Unlike most previous efforts of analysis, the study focuses on state and Metropolitan Statistical Area (MSA) factors that influence employer-sponsored insurance (ESI) coverage rates and per capita health care expenditures.

“This report takes a new look at health care coverage for small firm workers,” said Dr. Chad Moutray, Chief Economist for the Office of Advocacy. “While most studies have examined firm-level factors that influence health insurance coverage decisions, this report studies linkages between various structural factors, health care coverage, and health care expenditures.”

Among the report’s findings are that the two most important factors associated with low ESI rates are employee wages and firm size. The report also examined MSA and state structural factors such as the concentration of Medicaid recipients, the concentration of manufacturing employees, the supply of hospital beds, and the amount of specialty health care services. Read more at sba.gov

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	Did You Know?
	Annual Budgets are a component in small business For an existing business, this is a realistic budget for the current fiscal year based on past income and expenditures. It includes anticipated changes in income and spending that may occur during the year. For a start-up business, this is a realistic projection of the income and costs of doing business for a year.