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Up to 60% of Employers Will Drop Group Health Insurance In 2014

Written by: PeopleKeep Team
June 12, 2011 at 3:09 PM

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. 

Health Insurance

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:

    1. Dropping coverage,
    1. Offering it through a defined-contribution model, or
    1. Offering it only to certain employees.

Click here to download the full report.

defined-contribution-health-benefits

Topics: Defined Contribution Health Plans, Employee Retention, Health Insurance

Additional Resources

Trying to decide which HRA is best for you? Take our quiz to find out.
Get our guide on how to offer health benefits with a small budget.

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