Survey Finds Continuance of Employer-Sponsored Health Care, but with Changes

Employers’ confidence in their sponsored health care plans increased year-to-year, but many are planning to modify their plans due to effects from implementing the Affordable Care Act (ACA), according to a recent survey from the International Foundation of Employee Benefit Plans.

The survey found that over 90 percent of employers stated they will either definitely or very likely continue to provide employer-sponsored health care when health exchanges come online in 2014.

The findings also revealed that many employers are making changes to their current benefit plans that directly affect employees and plan participants as a direct or indirect result of current and upcoming ACA regulations. Nearly one in five (18 percent) employers has already increased participants’ share of plan premiums and an additional quarter of respondents (25 percent) plan to increase the portion that employees pay for their premiums over the next year, according to the findings.

ERIC Members and Guests can read more here.

A copy of the survey is available here.