With the labor market transitioning to accommodate for theinflux of millennial workers, the health benefits market is alsocoming to terms with these changes.

Combined with broad changes to health benefits in recent yearsafter the adoption of the Affordable Care Act (ACA), many employershave re-assessed their coverage plans. While many employees haveopted into traditional coverage plans, many now look tohealth savings accounts (HSAs) as asolution.

So what is the current state of the health benefits market?ADP’s Annual Health Benefits Report provides uswith insight.

The market is stable

Overall, the data in this year’s report suggests thatemployer-provided health care plans in the large employer marketare stable. Seventy-six percent of those eligible chose to purchasebenefits in 2016, and employers are effectively adjusting tochanges mandated by the ACA.

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