February 15, 2010 |
Nelson Davis runs a video production company in Hollywood with six employees. He used to pay all of his workers' health insurance premiums. As rates continued rising -- they've doubled over the last few years -- Davis cut back to paying only half of healthcare costs and required workers to handle the rest. Now he's thinking about cutting back again and covering only 40% of the insurance premiums. And the way things are going, Davis said, he wouldn't be surprised if his share dropped to 25%. "You have to look at it with a cold, clear eye," he told me. "There's very little you can do -- either scale it back or stop offering it."