America, 2014: The Land of Entitlements

I run an employee benefits company that focuses on helping small business owners with medical and other health benefit plans for their employees. Earlier this week I had lunch with a CPA client of mine to talk with him about increasing the number of his small business clients who provide medical insurance plans to their employees.  Everything I recount herein is from him; I am not making this up. His answer and the reasoning behind his answer were stunning to me.  In my naivety, I hadn’t even dreamed that I would hear anything like what he was about to tell me. He explained that essentially, his clientele comprises Spanish-speaking business owners, almost all of whom employ essentially 100% Spanish speaking workers.  They own firms such as restaurants, gardening services, custodial services, small grocery stores, painting companies, trucking companies, and so on.  But, he said, most of their employees who work only 20 to 30 hours a week, with only a...(Read Full Post)