ALBANY, N.Y. (AP) - A new study finds the proportion of New Yorkers with health insurance provided by their employers has plummeted.
At the same time, government-subsidized care is taking on a record load.
Both trends are slowing the state's economic recovery and likely leaving more families uncovered for at least months.
The study released earlier this month finds the private sector is sagging under the cost of providing health care. Sixty-six percent of companies surveyed say they are struggling a great deal or somewhat to maintain coverage for employees.
According to the study, 1 in 5 companies avoided hiring because of health care costs, and 1 in 4 companies either reduced or froze wages to pay for health care.
The report is from the New York State Health Foundation.
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