Nearly half of all Americans in the private sector work for a business with fewer than 50 employees. These firms have always struggled to provide health benefits. And as healthcare costs have skyrocketed in recent years, many have been forced to drop coverage.
Today, fewer than half of firms with 10 employees or less provide health benefits, according to a survey by the Kaiser Family Foundation and the Health Research and Educational Trust.
The new healthcare law is designed specifically to help small businesses, although not all businesses will qualify for the aid. Here are some of the ways the law may work out for employees and employers….