June 15, 2001

Insurance dilemma worsens for small business

LOUISVILLE — Prices for utilities and gasoline aren’t the only ones rising at alarming rates. Health insurance rates are going up, too, and for some, skyrocketing. Small business owners are being especially hard hit as rate hikes may force some to switch plans and others to drop coverage altogether.

Bruce Glazer owns and operates his Louisville-based maintenance company, Mile High Service, as a sole proprietor. Several years ago, a policy that covered himself and his wife cost $266 a month.

“It went from $266 to $323; that wasn’t too bad, ” he says. “But the last (increase), about two months ago, went…

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