Only 7% of southeast Michigan-based employers are likely to discontinue offering coverage due to health reform in 2014, according to a new survey.
McGraw Wentworth, an employee group benefit brokerage/consulting firm based in Troy, Mich., published this finding in a summary of results from an annual survey of mid-sized employers. The survey tracks health benefits and cost trends for the current year, including decision-making around health reform, among 470 southeast Michigan-based organizations with 100-10,000 employees.
Among the survey’s findings:
–Employer health care costs after plan changes increased by an average of 8% this past year, according to a new report.
What Your Peers Are Reading
–High-performing organizations with the lowest average annual increases over two years – are aggressively focused on Consumer Driven Health Plans (CDHP) and wellness and less on cost-shifting. Their health benefit plan cost increases averaged 4% or lower over two years after plan design changes.
–Significantly fewer Michigan employers offer “free” coverage. Only 10% (down from 15% in 2010) offer family coverage at no cost.