Because Quote by Karen Mills
“Small businesses pay 18 percent more than big businesses for health care, the same health care, just because they're small and they have too small a pool of risk.”
About This Quote
Source Interview: Small Business Forum, 2018
Small firms pay higher health costs because they lack risk‑pooling power.
In simple terms: Small businesses pay more for health care.
Promote risk‑pooling solutions for small firms.
Themes
Mood
Type
When to use this quote
- small business insurance
- government subsidies
- collective bargaining
Key Concepts
Questions to Reflect On
- What mechanisms can level the playing field?
- How can small businesses negotiate better rates?
Large insurers may dominate, limiting options for small firms.