Final week, the Nashville-based Nationwide Federation of Unbiased Enterprise (NFIB) launched the eleventh version of its quadrennial report: the Small Enterprise Issues & Priorities report, and its month-to-month Small Enterprise Financial Developments (SBET) report. In a information launch, NFIB reported that inflation and the price of medical insurance proceed to be two of the largest issues going through the nation’s small enterprise homeowners.
“The ‘Value of Well being Insurance coverage’ continues to be the primary small enterprise drawback, a place it has held since 1986,” the Small Enterprise Issues & Priorities report said. “In 2024, 41 p.c of small enterprise homeowners cite the ‘Value of Well being Insurance coverage’ as essential, a 10-point lower from 2020. Regardless of the decline, the p.c who discover it a essential drawback beats the second highest rating drawback, ‘Value of Provides/Inventories,’ by 21 factors. The proportion of small companies providing medical insurance has steadily elevated since 2017, reversing an almost two-decade-long pattern of declining provide charges.”
“It’s no shock that the price of medical insurance stays the primary difficulty for small enterprise job creators, because it has turn out to be more and more tough to supply their hard-working group members the protection that they want,” stated Tray Abney, Nevada state director for the NFIB, in a press release.
