Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance > Life Insurance Strategies

Study Links Wages, Employer Size To Health Coverage

X
Your article was successfully shared with the contacts you provided.

Only 68% of employees working for employers with fewer than 10 workers have private health insurance, but 94% of employees at employers with more than 250 workers have coverage.

Researchers at the U.S. Small Business Administration have reported those figures in a report based on 2003 data from the Agency for Healthcare Research and Quality.

Only 49% of workers earning less than $9 an hour have health coverage, and only 37% of workers earning less than $9 an hour at employers with fewer than 10 employees have coverage.

Meanwhile, 93% of workers who earn more than $15 an hour have coverage.

Even at firms with fewer than 10 employees, 82% of the workers earning more than $15 an hour have health insurance.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.