One in four small businesses saw rate increases of 20 percent or more in renewing their health insurance plans last year, a figure sure to stoke criticism of the Patient Protection and Affordable Care Act.
That figure, uncovered by the National Small Business Association as a result of its latest survey, follows on the heels of a Congressional Budget Report this week that forecast that the total number of hours worked will fall about 1.5 percent to 2 percent from 2017 to 2024 as a result of the health-care overhaul.
The NSBA said it survey found that 91 percent of respondents reported increases in their health plan at their most recent health insurance renewal.
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