By NFIB
The National Federation of Independent Business (NFIB), Colorado’s leading small business advocacy organization, released a new health care policy paper entitled, “Addressing the Health Insurance Affordability Crisis for Small Businesses.” The findings reveal a dire prognosis for the small-group insurance market as employer-provided health coverage is becoming unsustainable for millions of small businesses and their employees.
“Health insurance costs are a major concern for Colorado small business owners,” said NFIB Colorado State Director Michael Smith. “These costs, paired with inflation and hiring shortages, are forcing small business owners to make difficult decisions like cutting back or closing permanently. HB1297 will further add to the rising cost of doing business and make it more difficult to offer affordable health coverage to employees. NFIB urges the Legislature to vote against this bill and other legislation that will further hurt Main Street businesses.”