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Article: Employers not cutting plans; Survey looks at strategies.(health care benefit plans)(Brief Article)(Statistical Data Included)
- Article from:
- Business Insurance
- Article date:
- March 12, 2001
- Author:
CopyrightCOPYRIGHT 2001 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Rising health care costs are not causing employers to alter the design of their health care benefit plans, a new survey indicates.
Relatively few employers-18%-are looking to switch their health plans, and even fewer-14%-say they want to reduce coverage for certain health care services, the survey stated.
``This seems to indicate a feeling of resigned acceptance that the current increases are substantially unavoidable,'' the survey said.
Employers are responding to the higher costs. According to the Sixth Annual Survey Report on Purchasing Value in Health Care, 71% of employers stated they plan to increase premiums for employees.
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