Categories

Most recent posts

  XML Feeds

Search

« Diet Programs Among Least Popular Weight Loss Options, Study FindsTop Five "Don'ts" For Family Doctors »

Survey Spotlights Employer Thoughts On Health Care Plans

05/25/11

  04:29:28 pm, by MedBen5   , 235 words,  
Categories: News, Wellness, Health Plan Management

Survey Spotlights Employer Thoughts On Health Care Plans

The crew at Price Waterhouse Coopers has apparently been busy these days. Last week, the consulting firm reported that employers can expect average health care cost increases of 8.5% in 2012. This month also saw the release of PWC’s 2011 Health & Well-Being Touchstone Survey, in which 1,700 employers were asked about their medical and prescription drug plan design, future strategies and health care reform, among other topics. The survey was completed in the first quarter of 2011.

The complete survey results are available for download at the PWC website – the document is set up like a presentation, so it’s an easy read. There’s plenty of useful information to be found in its pages, but we’ll note just a few of the highlights here:

  • The average gross spend per active employee in 2010 was $8,697; the average reported trend was 7.8%.
  • Employee contribution percentages stayed relatively unchanged from 2010 to 2011 – typically 20%-24% for employee and dependent coverage.
  • Enrollment in high deductible plans with HRAs increased from 34.2% to 37.9% in 2011.
  • 73% of all survey participants and 88% of large employers (>5,000 lives) offer wellness programs to eligible individuals.
  • 89% expect to increase their company’s efforts related to wellness and health management.
  • 84% of companies indicated they would make other changes to their plans to offset costs associated with the Patient Protection and Affordable Care Act.
  • 45% of companies indicated they were likely to change subsidies for employee medical coverage as a result of PPACA (50% for dependent medical coverage subsidies).

No feedback yet