Most employers don't plan on dropping health insurance for employees in 2014, according to a new survey. But, if the "other guy" drops coverage, companies say they're likely to follow suit.
A HighRoads study finds 80 percent of employers don't intend on dropping employer-sponsored health insurance in 2014, once health insurance exchanges are in place and workers have an alternative marketplace to shop for affordable coverage. However, a majority – 65 percent – say they would drop coverage if most of the companies in their industry eliminated their benefits programs.
If only a few in their industry no longer offered coverage, 84 percent of employers would not consider removing coverage.
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