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In reply to the discussion: Why are small businesses now saying they have to lay people off? [View all]riderinthestorm
(23,272 posts)38. Wow! The avg premium cost to an employer is probably in the $5 - $10k range.
With just 25 employees that's gonna cost a LOT per year, may even be the entire profit margin for a business of that size. Besides, once you get into that many employees you really need to hire ANOTHER person to manage those benefits.
Telling them to just suck it up and cover the insurance costs may simply be impossible.
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Why are small businesses now saying they have to lay people off? [View all]
Stuckinthebush
Nov 2012
OP
I don't like to be proven wrong but in this case I hope you are right
former-republican
Nov 2012
#17
Maybe an angle for competitors - Our pizza's .20 higher than Papa Johns so our employees are insured
riderinthestorm
Nov 2012
#37
Wow! The avg premium cost to an employer is probably in the $5 - $10k range.
riderinthestorm
Nov 2012
#38
Especially since all he has to do is raise the price 14 cents per pizza n/t
SickOfTheOnePct
Nov 2012
#14
A little fact checking from CNN that you may want to share w/ those who threaten to layoff employees
maui902
Nov 2012
#62
It's bluffing. Or their business will die and their competitors take over, hire their employees...
JackN415
Nov 2012
#23
Agreed. The $2k penalty is FAR cheaper than the actual premium cost for employers
riderinthestorm
Nov 2012
#36