Jumbo Employers to Maintain Health Insurance Coverage for Employees According to New Research From The Benfield Group

ST. LOUIS, June 14, 2011 /PRNewswire/ -- News coverage of how U.S. health care reform will impact health insurance benefits offered by employers has varied widely and been sensational.  A recent report published in The McKinsey Quarterly has garnered attention.  The Benfield Group would like to offer a different perspective.  We have conducted extensive research with jumbo employers (5000+ employees) in the U.S. and have concluded they will continue to offer comprehensive health insurance benefits to their employees.  Benfield Business Health Leadership recently published a four-page perspective on this topic along with a thought-provoking summary of our findings: http://www.benfield.com/perspectives/Pers6_9_11.php

It is clear from our latest research that jumbo employers, in fact, will not be dropping coverage of their employees.  Just 7% of jumbo employers are considering dropping active employee healthcare coverage in 2015 and beyond. Jumbo employers are working harder than ever to shore up coverage, manage expenses and provide compelling benefits to their employees.

Our research indicates employers will remain actively involved in healthcare decisions and benefits offerings for their employees and dependents for the foreseeable future.  Only 1% of employers describe their approach to providing active employee benefits post reform as "looking for the exits." At The Benfield Group we believe the sky is not falling as news reports might suggest but it is changing color.  

A deeper dive into the data and findings based on our research and interviews can be found in the Employer Market Healthcare Reform Report which is exclusively available for purchase: http://office.benfield.com/attachments/Benfield_Research_Special_Report_on_Healthcare_Reform_2011.pdf

Senior consultants from The Benfield Group are available to comment to media. We have a lot to add to the current national conversation on health care reform and its impact on business and individuals alike.

About Benfield Consulting:

The Benfield Group is a health care market research, strategy and communications firm.  We believe that solutions to health care's cost and quality challenges will come from value-focused partnerships among stakeholders in the health care supply chain.  We help healthcare companies focus on employers as key customers, and help them develop and implement effective employer strategies. We also provide strategic communications support for employers to help them gain executive and cross-organizational support for human capital improvement strategies.  We think health care's challenges are tough to solve. But where tough problems meet smart, committed and passionate leadership, leadership wins.    www.benfield.com

Media Contact:
Rebecca Hoffman
[email protected]
(312) 282-4254

SOURCE The Benfield Group