Only 8 percent of employers think it's likely they'll drop health coverage for their workers. But, according to a new survey by Oliver Wyman, many believe costs are unsustainable and are looking for something other than traditional health insurance models.

Forty-two percent of the responding 1,300 employers want to maintain the status quo, and 50 percent said they'll continue to offer insurance, but with major changes. That's because rates of medical inflation are quickly going up, and more than half would find it unsustainable even if medical inflation fell by five points.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 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.