In last month’s blog post, I mentioned that in a recent Mercer survey, half of the respondents that don’t already cover all employees working 30 or more hours per week said they were planning to reduce the hours of some workers to minimize the impact of this upcoming PPACA requirement. I didn’t mention, however, how many employers were planning to drop coverage entirely.
According to the same survey, only 8% of employers believe they are “likely” or “very likely” to drop their plans and send all their employees out into the insurance exchanges. Smaller employers are more open to dropping coverage and large employers less so, but, interestingly, their opinions on this point haven’t changed since Mercer surveyed them just after PPACA was signed into law last year.
