- More than four in five (84%) are likely to make changes — e.g., raise premiums, deductibles, and co-payments — to offset increased costs thanks to the law;
- More than five in six (86%) of employer respondents are likely to re-evaluate their overall benefits strategy;
- More than half (51%) of employers did not expect to maintain “grandfathered” health status — meaning employees will forfeit their current health coverage, and pay higher premiums as a result of federal mandates introduced on their new coverage;
- Nearly
- More than four in five (84%) are likely to make changes — e.g., raise premiums, deductibles, and co-payments — to offset increased costs thanks to the law;
- More than five in six (86%) of employer respondents are likely to re-evaluate their overall benefits strategy;
- More than half (51%) of employers did not expect to maintain “grandfathered” health status — meaning employees will forfeit their current health coverage, and pay higher premiums as a result of federal mandates introduced on their new coverage;
- Nearly two in three employers (65%) expect to be affected by the “Cadillac” tax on employer health plans;
- Almost half (45%) of companies “indicated they were likely to change subsidies for employee medical coverage” as a result of the law — quite possibly “dumping” their employees on to government-run Exchanges; and
- Exactly one-half (50%) are considering “significantly changing or eliminating company subsidies for dependent medical coverage.”
Full PwC report here. Thanks to Chris Jacobs for the pointer.
How Employers Plan to Respond to the New Health Reform Law
