Despite the availability of far more choices in health coverage, most employees want employers to still provide coverage and choose what's best for their workforce.
That's what a survey by the Employee Benefit Research Institute found when it asked workers about their benefits preferences. The survey not only plumbed employee depths on health insurance, but also asked questions about whether they would give up certain benefits to get more cash in their paychecks. The survey, conducted last year, was a follow-up to a 2012 survey by EBRI.
When asked if they were satisfied overall with their benefits plan, 70 percent responded in the affirmative. When asked whether they would give up benefits for cash, the survey found a jump from 2012. Then, just 10 percent said they would. This time around, 19 percent said they'd rather have a fatter wallet than a richer benefits package.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
