In 2008, PriceWaterhouseCoopers' research team surveyed senior executives at more than 100 large US-based multinational companies and more than 250 privately held small companies. The large companies each have an average of 8,000 employees and revenue of about $3 billion. The small employers each have a workforce of about 200 and less than $50 million in revenue. In addition, PwC surveyed more than 500 human resources executives separately on benefit plan design issues. This white paper discusses the results of this survey.
In the United States, employers have had an 80-year relationship with health insurers, and it’s been a long learning curve for both. In 2008, the relationship is entering one of its most challenging eras. Health benefit costs are outstripping wage growth, and some policy leaders are questioning the wisdom of the employer-based model itself. About 160 million workers and their dependents, or two-thirds of the non-elderly population, depend on their employers for health benefits.1 Studies show that most of them are satisfied with their coverage and that many employers want to continue providing health benefits. However, employers’ expectations of their health insurers are changing. While many studies examine the relationship between employees and their employer-sponsored benefits, less is known about employers and what they want from insurance carriers.
PricewaterhouseCoopers’ Health Research Institute analyzed the needs, wants, and satisfaction levels of employers regarding health insurance and benefits so as to identify and understand emerging themes from an employer’s perspective. What Employers Want from Health Insurers—now provides an inside look at how employers view employee benefit service offerings, emerging trends, and strategic priorities. The report also makes recommendations regarding how insurers can better deliver services to their clients.
Hosts Doug Field, CEO of The Institute for HealthCare Consumerism (IHC), and Brent Macy, Managing Director, talk with Bart McCollum, COO, AmeriFlex. Bart talks about his upcoming FORUM workshop "Pre-Paid Card Programs to Engage Consumers and Help Employers Manage Costs in 2014 & Beyond."
ConnectYourCare News: On May 2, the Internal Revenue Service announced the 2014 inflation-adjusted amounts for health savings accounts (HSAs).
Hosts Doug Field, CEO of The Institute for HealthCare Consumerism (IHC), and Ron Bachman, Chairman of the Editorial Advisory Board, talk with Roy Ramthun. The topic of this segment focuses on health policy and its effects on health savings accounts.
ConnectYourCare News: United Benefit Advisors, a community of more than 140 independent employee benefits advisory firms, recently released its look at major trends in employer-based health plans and how the health care reform has affected them in its 2012 United Benefit Advisors Health Plan Survey.
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