Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Coins balanced on beam Employees, who reflect a diverse set of economic priorities and various preferences, would choose for themselves between pretax dollars for health insurance and after-tax take-home pay. (Photo: Shutterstock)

The $962 billion that large corporations spend annually for employee health insurance could hold the key to expanding access to quality, affordable care, according to a Health Affairs blog.

“Because they offer their employees only a modest number of insurance options, their dollars are not impacting the market — to control costs, improve quality and enable access — as they should,” the writers of the blog said. “If employers instead gave their employees pretax employer-sponsored insurance cash to purchase their own Affordable Care Act-compliant insurance and save any residual as after-tax income, the market would respond vigorously to these employees’ preferences by offering more innovative, cost-effective plans, along with improved transparency and the navigational aids needed to choose them.”

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

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com 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

Already have an account?

BenefitsPRO Broker Expo 2021Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.