"These employees will be strained to pay for COBRA."
That is a huge understatement. Especially for anyone that needs family coverage. The rates I paid when self-employed were more money per month than my entire paycheck until I was in my late 20's.
Exactly, I worked at a Fortune 500 tech company and family coverage for COBRA was close to $2000/month. Many employers pay 80%+ of the share, and suddenly taking that all on yourself can be extremely onerous.
That is a huge understatement. Especially for anyone that needs family coverage. The rates I paid when self-employed were more money per month than my entire paycheck until I was in my late 20's.