Public Media from Michigan State University

Insurance Costs Soar for Small Business

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Small businesses face sharply higher premiums for property, liability and health insurance. A trade group says the average cost of business insurance has jumped by 30-percent. NPR's Scott Horsley reports.

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Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.