Posted on December 22, 2010 16:01
Categories: Employer and Individual Insurance
Topics: Employer-Sponsored Coverage
A survey by Willis Human Capital Practice and Diamond Management & Technology Consultants Inc. found that 55 percent of employers plan to maintain their health plans in 2014 while just 12 percent said they would be very or somewhat likely to pay the penalty for non-compliance. The survey also found that 85 percent of employers said they would increase employee contributions to maintain their health plans, 79 percent plan to increase dependent contributions, and 62 percent will reduce benefits or purchase lower-cost coverage.
From the executive summary:
The survey represented a wide base of employers of different sizes from all industry sectors and regions. Their plans, as represented by the survey, cover over 9 million employees and dependents (including retirees) – a significant representation of the US employer universe.
In general, employers support the benefits of expanding the pool of covered individuals with medical coverage and see this as a valuable addition to the US social policy. However, a majority of surveyed employers felt that the Health Care Reform legislation would initially raise the costs for their plans. While employers of all sizes expect to maintain some type of benefit plan for their employees and their families, they nevertheless felt that they would need to take some action to continue to maintain their plans.
Full Survey: The Health Care Reform Survey 2010 (PDF | 1.45 MB)
Willis. (2010). The health care reform survey.
E-mail to Friend |
Print |
Permalink |
Post RSS
