Even with the substantial decreases in employer-based coverage levels year over year, the cost of workers' health benefits continues increasing at a rate three times that of wages since 1999.

The result is that today only 9 percent of employers pay the full cost of their workers' health benefit. Employers are left between a rock and hard place with increasing costs in one hand and decreasing worker satisfaction in the other.

But the changing nature of the workforce and the realities of traditional market frustrations now present an interesting alternative — access to the new, portable marketplace created by the Affordable Care Act (ACA).

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.