Up to 60% of Employers Will Drop Group Health Insurance In 2014
According to a recent 2011 survey by McKinsey & Company, up to 30% of employers will "definitely" or "probably" stop offering employer-sponsored health insurance after 2014.
Among employers with a high awareness (“educated employers”) of health reform laws, the percentage of employers wanting to drop coverage increases to more than 50%.
The survey also found that up to 60% of educated employers plan to definitely or probably pursue alternatives to offering health insurance including:
- Dropping coverage,
- Offering it through a defined-contribution model, or
- Offering it only to certain employees.
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