Health Care Reform

More than one-third may switch to health care exchanges.

According to our research, while only 6% of companies are “somewhat likely” to consider exchanges for providing health care coverage to employees in 2014, 36% (a six-fold increase) are contemplating exchanges for 2017.

Lower/more sustainable health care costs is the number one driver for organizations to consider health care exchanges. The most effective health care cost containment strategies include the following elements:

  • Designs emphasize elements that employees most value
  • Drive true commitment to healthy behaviors, not just participation in one-off wellness programs
  • Education to help employees intelligently navigate their health care plans and make informed choices
  • Vendor relationships that are initiated and managed by the benefits and procurement teams, not external brokers or consultants

Insights From:

Our Insights In the News

 

"The changing face of health care plan design will continue to evolve as employers work to meet ACA requirements while avoiding added tax penalties by 2018."

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We Can Help

CEB Total Rewards Leadership Council helps members understand implications of the reform for their organization, assess the impact, and communicate about the reform with leadership and employees.

Microsoft's Success Story

Microsoft  used CEB services to reevaluate its medical plan. Services included a custom benchmarking survey, saving Microsoft approximately $5 K in consulting fees.

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