Nearly all of Washington small businesses experienced health premium hikes throughout the past year and are expecting an additional 9% increase next year, according to a new survey.
The Small Business for America’s Future (SBAF) survey of 1,015 small business owners found that 97% saw their rates increase, with nearly one-third observing a hike of 15% or more.
The findings underscore how high costs are hurting businesses’ ability to grow as well as the severity of rising healthcare costs, SBAF said.
