eHealth's Small Employer Health Insurance Survey report can be downloaded in full here or through the eHealth, Inc. Media Center.
Additional Survey Results
Reviewing and offering benefits
•83% of small employers said they review their companies' health plan benefits once a year. •More than half of all small employers (59%) ask their employees for input when reviewing their company's health insurance benefits, while 28% of employers said they never ask their employees for input. •68% of employers said they had no plans to drop coverage for employees in 2014, compared to only 3% who did plan to stop offering group health insurance coverage. Nearly a third (29%) of employers said they would consider dropping health coverage for employees in 2014.
Health care reform
•61% of small employers are most concerned about the cost and budgetary implications of health care reform. •One-in-four (25%) said understanding the impact on their businesses was their biggest concern. •The vast majority of small employers (77%) said that they were not doing any long-term planning based on their expectations of how health care reform might impact their business. •A large majority of small business owners (78%) said they did not know how health insurance exchanges could impact their business beginning in 2014.
•In order to manage costs, 51 percent of employers said that they would consider increasing an employee's share of premiums, while 39 percent said that they would consider increasing an employee's deductible. •Nearly half of the employers surveyed (44%) felt it would be fair to impose penalties on employees who don't participate in wellness programs. •More than 40 percent of the employers willing to penalize their employees, said they would consider any of the following to be acceptable penalties:•Reduce their contribution to an employee's health insurance benefits •Reduce benefits like dental and vision coverage •Reduce 401k contributions, stock options or bonuses
The online survey of small employers and self-employed business owners was conducted anonymously online between Aug. 15, 2012, and Aug. 22, 2012, and gathered a total of 439 responses. Of those who provided insurance, 95 percent had between 1 and 10 employees.
eHealth's Small Business Survey report can be downloaded in full here (http://news.ehealthinsurance.com/pr/ehi/document/Final_SmallBusinessSurvey_Fall12_comp05.pdf) or through the eHealth, Inc. Media Center.
eHealth, Inc. (NASDAQ: EHTH) is the parent company of eHealthInsurance, America's first and largest private health insurance exchange where individuals, families and small businesses can compare health insurance products from leading insurers side by side and purchase and enroll in coverage online. eHealthInsurance offers thousands of individual, family and small business health plans underwritten by more than 180 of the nation's leading health insurance companies. eHealthInsurance is licensed to sell health insurance in all 50 states and the District of Columbia. Through the company's eHealthTechnology solution (technology.com%2f">www.eHealthTechnology.com), eHealth is also a leading provider of health insurance exchange technology. eHealthTechnology's exchange platform provides a suite of hosted e-commerce solutions that enable health plan providers, resellers and government entities to market and distribute products online. eHealth, Inc. also provides powerful online and pharmacy-based tools to help seniors navigate Medicare health insurance options, choose the right plan and enroll in select plans online through its wholly-owned subsidiary, PlanPrescriber.com (www.planprescriber.com) and through its Medicare website www.eHealthMedicare.com.
For more health insurance news and information, visit the eHealthInsurance consumer blog: Get Smart -- Get Covered.
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