According to a recent survey by the non-profit Midwest Business Group on Health, only 9% of employers surveyed expected to participate in state health insurance exchanges when they begin in 2014. Exchanges are state-based competitive marketplaces, established under Health Care Reform, where individuals and small businesses will be able to purchase private health insurance beginning in 2014.
HSAs and HRAs Among Plan Options
More than half of employers surveyed (57%) reported that they currently offer some type of consumer directed health plan, such as a health savings account (HSA) or health reimbursement arrangement (HRA), as a plan option. Employer responses indicated this percentage will increase to 62% in 2013 and 71% through 2018.
Both large and small companies from a variety of industries participated in the survey, which was conducted in collaboration with The Benfield Group (a health care market research, strategy, and communications firm), including fully-insured and self-insured employers.