More than half of U.S. workers would either drop coverage or shop around for a less costly plan should the government tax health benefits, according to research from the Employee Benefit Research Institute. However, the 39% who would stay with their current plan and level of coverage is up 10 percentage points over the past year.
The EBRI/MGA Health Confidence Survey reports that, should Congress make employment-based health coverage of U.S. workers taxable as a way to raise revenue and tame the federal deficit, 26% of wage earners would want to switch to a less expensive plan. Another 21% of respondents say they would try to get coverage directly from insurers, and 9% would want to drop coverage altogether.
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