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SOURCE Midwest Business Group on Health
Employers increasingly moving toward high deductible plans
CHICAGO, Sept. 9, 2013 /PRNewswire-USNewswire/ -- Ninety percent of responding employers surveyed said they have received questions from employees asking how their benefits will be impacted by health care reform, according to the latest employer member survey conducted by the non-profit Midwest Business Group on Health (MBGH). The survey focused on the changes employers are making to their benefit programs such as offering more high deductible health plans and how they are educating their employees about the Affordable Care Act (ACA) and health insurance marketplace (exchanges).
"Many self-insured employers didn't think they needed to pay much attention to health insurance exchanges since they offered coverage, but these findings clearly state the need for expanded employee education," said Larry Boress, MBGH president and CEO. "There are key questions employees have that need to be addressed now, such as the status of their current benefits and their eligibility to obtain tax credits and subsidies through the new marketplaces. Most employer efforts are focused in these areas for the upcoming rollouts this fall."
Key survey findings
The online survey of employers' views on health reform was conducted in June and July 2013. There were more than 40 respondents from a variety of industries representing self-insured and fully-insured employers. The respondents ranged in size from very large employers (54% with more than 10,000 employees), to large (12% with 5,001 to 10,000), to mid-size (31% with 5,000-501) and small (3% with less than 500).
About the Midwest Business Group on Health
With more than 120 member organizations, the Midwest Business Group on Health is one of the nation's leading non-profit business groups of large, self-insured public and private employers. MBGH is an essential resource to support employers in effectively managing their health benefits through high-quality education, research, networking and benchmarking, as well as serving as catalyst for community initiatives to improve the quality, safety and cost-effectiveness of the health care delivery system. MBGH is a founding member of the National Business Coalition on Health.
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