For years, the common thinking was health insurance was employer -Supplied on how to get health insurance. However, since the Affordable Care Act (ACA) has taken effect, people begin to see that health insurance provided by the employer is on only way . Which begs the question, what will happen to health insurance provided by the employer?
This is a brief overview of where the health insurance provided by the employer is now, where he was, and what will happen to give it its current path . In addition, we will discuss how each health insurance has intervened to change the landscape of health insurance.
Is employer-provided insurance Dying Really? 
Yes. In fact, it is estimated that 60 percent of small businesses will eliminate health insurance provided by the employer in 2017.
But let trends to better understand why dies provided by the employer insurance. In 1999, the cost of single coverage premiums was $ 2,196 / year. In 06, only seven years later, the cost has risen to over $ 4,000 / year. Finally, in 2014, the cost rose to $ 6.025 / year for single coverage premiums - the cost has nearly tripled in 15 years ( Source )
Unfortunately, the story is true for family coverage premiums as well. In 1999, the cost of a family premium coverage was $ 5.70 / year. In 2014, the cost has also nearly tripled to $ 16,834 / year.
Why?
insurance premiums provided by the employer are unaffordable. That simple. When you factor The growth of real wages in the US has not increased, but has stagnated over the last 50 years, it becomes clear that provided by the employer insurance becomes less affordable with each year.
also small business employers are struggling to provide health insurance provided by the employer to their employees. And when 62 percent of the workforce of the United State has 0-9 employees, many people go without health insurance due mainly to costs.
Individual Health Insurance is rising
there is no stop sign. And as mentioned earlier, 60 percent of small businesses will decrease health insurance provided by the employer in 2017. Why? For individual health insurance.
Although the majority of Americans still get their health insurance through work (56 percent), small business employers are beginning to see that options such as health insurance individual are more affordable. In fact, individual health insurance costs 20 to 60 percent less than the insurance provided by the employer. In 2014, the average individual health insurance premium purchased was $ 346 / month, before tax credits were applied. And with premiums on credit taxes, individual health insurance costs are 84 percent less as health insurance provided by the employer. Individual health insurance is on the rise.
Why?
is affordable. With the Affordable Care Act in full effect, health insurance is unaffordable for the Americans and for small business employers to provide employees. The trend towards individual health insurance means more Americans will be covered and will be able to pay premiums even if real wages have stagnated for years.
What does this mean?
There is a change in the way Americans get health insurance and how small businesses offer health insurance. If the trend continues, the employer provided health insurance will eventually become something few companies offer.
Where do you think the insurance provided by employers will? Do you think it will eventually disappear? Comment below and let us know!
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