More than six years after it was signed into law, the Patient Protection and Affordable Care Act continues to throw a considerable shadow across the industry in various ways.
For one thing, the initial predictions that the law would spell the end of employer-based insurance coverage have predictably proven untrue. The most recent evidence? New analysis by the Kaiser Family Foundation finds that the percentage of adults under 65 with employer-sponsored coverage has remained flat since PPACA took hold. Or, as UnitedHealthcare chief Jeff Alter put it, "The employer-based system is alive and well."
In general, Americans seem to agree. Two-thirds of respondents to a recent EBRI survey said they are happy with their employer-based plans.
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Paul Wilson
Paul Wilson is the editor-in-chief of BenefitsPRO Magazine and BenefitsPRO.com. He has covered the insurance industry for more than a decade, including stints at Retirement Advisor Magazine and ProducersWeb.
