Arguably the biggest decision employers have to make this year is whether to pay or play—as in, continue to offer company-sponsored health benefits, or pay per-employee fines levied under the Patient Protection and Affordable Care Act to allow workers to purchase health insurance through public or private exchanges. During a recent session sponsored by the Midwest Business Group on Health, two employers offered insight into the thought process that led to their opposing decisions.
On one side, an Aon Hewitt executive explained why the firm will continue to offer employees insurance coverage through a corporate exchange and discussed how other employers might successfully communicate such a transition to workers. On the other, Bruce Schlesinger, executive vice president of JMB Insurance, talked about why his company will “play” in 2014.
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