Question

In November 2013, the National Small Business Associa-tion ( NSBA) surveyed small business owners with fewer than 500 employees. The purpose of the study was to gain insight into how America’s small businesses are dealing with rising health care costs, what kind of benefits they offer, and how the Affordable Care Act ( ACA) is impacting their business. Small business owners were asked if they offered a health benefits plan to their em-ployees that included fitness programs and/ or gym memberships, and if so, what portion (%) of the employee’s cost for the plan the business paid. The following frequency distribution was formed to summarize the portion of plan cost paid for 70 small businesses who offer this health- related benefit to employees:
a. What percentage of small businesses pays less than 21% of the employee monthly health- care premium?
b. What percentage of small businesses pays between 21% and 75% of the employee monthly health- care premium?
c. What percentage of small businesses pays more than 75% of the employee monthly health- care premium?


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  • CreatedJuly 16, 2015
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