"More companies are moving toward a defined contribution (DC) benefits model in the wake of health care reform. In the year since the U.S. Supreme Court upheld the Patient Protection and Affordable Care Act of 2010 (Affordable Care Act), companies have been reviewing their benefits strategy in anticipation of the full implementation of health care reform. We asked employers if they are moving to, or are considering moving to, a DC benefits model. A DC benefits model is one in which employers give their employees a lump sum dollar amount to spend on their benefits and let the employee decide to which benefits the money gets allocated. The top two reasons employers reported for considering making changes to their benefits model are to lower health care costs (59%) and to give employees more choice in the allocation of their benefit dollars (40%)."
To read more, click here.
No comments:
Post a Comment
Please be aware that all comments are moderated before posting. As a result, there may be a delay between the time you submit a comment and when it is posted.