A new report by the United States House of Representatives’ Ways and Means Committee estimates that America’s 100 largest employers could save more than $420 billion over the next decade by dropping health insurance. The report – part of the lingering elements of the healthcare debate outlines just one of the central questions of reform.
While we await the Supreme Court ruling on the constitutionality of both the law and the individual mandate, employer reaction to reform is a hot topic. Most surveys, both those conducted by The Pert Group and those by other firms, show that between 10 and 20 percent of businesses have said they have or will consider dropping health insurance for their employees. These employers tend to be smaller rather than larger firms like those in the top 100. A high rate of large firms dropping coverage would radically change not only America’s healthcare and health insurance industries, but be a huge cultural shift in the way we think about maintaining our citizen’s physical and mental well-being. To read more about this issue, see this recent article in the Washington Post.
Much like the government, The Pert Group does not have a crystal ball to tell us what the Supreme Court will decide. What we do have are insights. Our experts keep one finger on the pulse of the industry and another on the pulse of your brand. Currently, we are helping employers and insurers navigate this complex insurance market issue through research and strategic planning. We can provide you with clarity and, in time, solutions to help you make the best decisions for your company. Let’s talk about how.