Most employers don't plan on dropping health insurance for employees in 2014, according to a new survey. But, if the "other guy" drops coverage, companies say they're likely to follow suit.
A HighRoads study finds 80 percent of employers don't intend on dropping employer-sponsored health insurance in 2014, once health insurance exchanges are in place and workers have an alternative marketplace to shop for affordable coverage. However, a majority – 65 percent – say they would drop coverage if most of the companies in their industry eliminated their benefits programs.
If only a few in their industry no longer offered coverage, 84 percent of employers would not consider removing coverage.
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
Already have an account? Sign In Now
© 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.
