An early-2011 survey of more than 1,300 employers by McKinsey & Company found 30 percent of respondents will "definitely" or "probably" stop offering employer-sponsored health insurance after 2014.
According to the June 2011 McKinsey Quarterly, health care reform "fundamentally alters the social contract inherent in employer-sponsored medical benefits and how employees value health insurance as a form of compensation."
By guaranteeing the right to health insurance regardless of medical status, reform minimizes any moral obligation employers would feel to cover the sickest employees, who would otherwise be denied coverage.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
