Yesterday, an important story came out relative to the changes in the healthcare marketplace. As reported at FreeEnterprise.com:
Consulting company Deloitte will release a study today [Tuesday] that estimates that that almost one in ten companies will drop coverage in the next three years. “Around 81% were planning to continue providing benefits, and 10% weren’t sure,” according to a Wall Street Journal story.
But around one in three respondents said they could decide to stop offering health coverage if they find that the law requires them to provide more generous benefits than they do at the moment; if a tax on high-cost plans takes effect in 2018 as scheduled; or if they conclude that the cost of penalties for not providing insurance could be less expensive than paying for benefits.
This is sobering news indeed for employers and employees alike.