Health care reform provides plenty of challenges for employers. From preparing for the exchanges to ensuring compliance and everything in between, employers have their hands full.
But it's more than just a problem with busywork. Many of these changes are causing employers to second-guess their benefit offerings, and this uncertainty is trickling down to employees.
"Some may keep the same plans; some may shift more costs to employees, resulting in higher copayments, deductibles and premiums; and some may choose to send their employees to their state's exchange," says Audrey Boone Tillman, executive vice president of corporate services at Aflac. "Until they have an understanding of what their employer's choice may be, it's difficult for employees to prepare."
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.