Click to view larger image.Employers say the "pay or play" mandate under the recently enacted health care reform bill will not drive them to drop health care benefits for their workers, according to a new survey.

Nearly 3,700 executives responded to a survey from Crain Communications. More than half (52.5 percent) "strongly disagreed" with the statement that it would be better for their organizations to stop offering health care benefits and pay a fine under the new law.

A provision in the new legislation requires employers with 50 or more full-time workers to offer health care coverage or pay a fine of $2,000 per full-time worker per year, beginning in 2014.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.