of individual health insurance solutions funded by the employer are being adopted by companies 
throughout the country, as an alternative to traditional health benefits of the employer. This consumer-friendly solution is explored by employers of all sizes, in all regions and in all industries. A new study of Zane Benefits, however, identifies relevant trends in the adoption and use today. This article highlights the main trends of the new study
Note - .. To download the full study, "The employer-financed individual Report on the annual health insurance 2016" click here
financed by the employer of individual health insurance - user profile
According to the report, the data is intended to provide, a detailed national profile of how employers and employees use individual health insurance funded employer (a type of health care reimbursement plan) today. the results are based on a sample of 2,0 employers and 10,500 participants Zane Benefits using the software during the 2015 calendar
highlights of the report on the type of businesses that adopt individual health insurance financed by employer :.
-
employers are mainly small employers - those with one to 49 employees. The average number of registered eligible employees is nine (9).
-
The most important industries represented in the study are health care (16 percent of employers), manufacturing (13 percent), non-profit organizations (11 percent), consulting firms (8 percent), and construction (8 percent).
-
employers are spread across the country with 11 percent of the east, 21 percent of the Midwest, 38 percent of the South, and 30 percent of the West .
Why do companies adopt the individual health insurance funded by the employer
financed by individual health insurance employer was quickly adopted by small employers because of these top five reasons:
-
savings - on average, individual insurance costs less disease. The study found that employers using software made cost savings of Zane Benefits 57 percent on average compared to the average group health insurance costs.
-
Predictability and control - Employers set the maximum contribution amount (refund), which provides predictability and control. Unlike traditional health insurance policies of the group, there is no annual rate increases and no amount of employer contributions at least
-
tax benefits -. Using a tax-free payment plan, employers and employees receive tax benefits
-
choice of employees -. With this type of health benefits, employees select and purchase individual policies of their choice. Employees can choose the font, any carrier. Eligible employees can access federal grants for additional savings
-
No Employer Mandate -. Under the Affordable Care Act, small employers are not mandated to provide employees of traditional health insurance. As such, small employers may offer particular reimbursement of health insurance without having to consider the employer to share the responsibility for costs that do not apply to small employers.
Conclusion
Employers across the country are implementing individual health insurance solutions funded by employers as an alternative to traditional health insurance benefits of the group. What kind of companies are adopting this delivery model? According to the study, it is mainly small and micro employers across many regions and industries.
What questions do you have about that is the adoption of individual health insurance funded by the employer? Download the full report here or leave a question below.
0 Komentar