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Employers turn to private exchanges

One-third of U.S. employers plan to move their workers health-care coverage to a private exchange in the next few years, a survey found, following the lead of companies like Walgreen Co. seeking to reduce costs.

By Caroline Chen | Updated on February 19, 2014
(AP Photo/Rogelio V. Solis)

Feb. 19 (Bloomberg) — One-third of U.S. employers plan to move their workers’ health-care coverage to a private exchange in the next few years, a survey found, following the lead of companies like Walgreen Co. seeking to reduce costs.

While 95 percent of employers said they would continue to offer health care in the next three to five years, 33 percent may use a private exchange to provide the benefit up from 5 percent currently, according to a survey released today by a unit of Aon Plc, a London-based insurance broker.

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