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Paper Roses

(7,469 posts)
Sat Mar 5, 2016, 09:36 AM Mar 2016

Any wonder why small businesses are closing, store fronts empty? Are you from MA?

Insurance companies in Massachusetts have petitioned the state for higher rates for small businesses. These rate hikes would apply to companies with fewer than 50 employees. These small companies are struggling to meet current premiums and still offer some form of health insurance coverage. Some, especially the very small businesses cannot afford to offer coverage at all. The self-employed are, as always, stuck with the highest rates possible. It seems the state has given the OK for these rate increases.
If you are from MA or work for a small company, I will bet this is coming your way.

Boston Business Journal article published yesterday, 3/4/2016:

http://www.bizjournals.com/boston/blog/health-care/2016/03/massachusetts-insurers-get-green-light-to-hike.html

Small business is shafted no matter which way it turns. Huge rents, huge insurance costs, increase in product cost.

For those who won't feel this, I am happy. For the others for whom this will be another huge burden, my sympathy.

Good grief, how can we keep this up. It is far past time to change things.

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Any wonder why small businesses are closing, store fronts empty? Are you from MA? (Original Post) Paper Roses Mar 2016 OP
Lets see 1939 Mar 2016 #1
Shit your right we need "No We Cant" Hillary to simply out source it all. Katashi_itto Mar 2016 #2
i have been self employed for a couple years now dembotoz Mar 2016 #3

1939

(1,683 posts)
1. Lets see
Sat Mar 5, 2016, 09:46 AM
Mar 2016

We want to subsidize "small business" with rent control, insurance control, and price controls so that we can use the profits for "living wages" for their employees. Is the math adding up except to create a huge bureaucracy to administer it?

 

Katashi_itto

(10,175 posts)
2. Shit your right we need "No We Cant" Hillary to simply out source it all.
Sat Mar 5, 2016, 09:49 AM
Mar 2016

Why come up with a solution? GO HILLARY!

dembotoz

(16,783 posts)
3. i have been self employed for a couple years now
Sat Mar 5, 2016, 10:12 AM
Mar 2016

and it has been rather sucky

i sell telephone and data services to small business.
more of a middle man for the telcos and the cable cos

the challenge is always having you head up to see who is paying and for what.

business model has changed multiple times.....fortunate that i am not invested into inventory....

sure am not getting rich

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