Erin Mershon wrote in the Washington Health Policy Week in Review, "large employers are expecting employee health benefit costs to rise by five percent in 2017, less than half the increase expected for consumers who purchase health care on the public exchanges created by the 2010 health law."
Read the full article at: www.commonwealthfund.org
Brian Marcotte, the president and CEO of the National Business Group on Health, tells us that employer-sponsored health care is still the most effective and efficient way for employers to provide affordable health care to their employees, compared to buying insurance through an exchange.
However, healthcare costs are still on the rise for employees in the form of cost-shifting, putting more responsibility on employees to cover out-of-pocket expenses such as deductibles. Mershon goes on to note that to really curb costs for employees, employers must look at delivery models, as opposed to just raising deductibles each year.
One innovative model for delivering premium healthcare benefits without raising deductibles is partial self-insurance. Download our Quick Guide to Partial Self-Insurance to learn more:
