Since the exchanges were announced, there's been a lot of talkabout how these marketplaces have the potential to change theentire landscape of employee benefits. But what's reallyhappening?
The results of surveys with both employers and brokers saychange has been slow. Based on a survey of more than 900 employerswith 10 to 10,000 employees, about 21 percent say they're usingexchanges for benefit offerings. Of these, more than half areoffering benefits through a private exchange. Six percent are usinga public exchange for medical but continue to offer other benefits,while 4 percent use a public exchange and no longer offer anybenefits.
Most (55 percent) of those using a public or private exchangesend all employees to the exchange. Almost one-third (28 percent)use some type of exchange but for active employees only, while 17percent are using these for retirees only.
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