Exchanges have been successful for retiree coverage. But, will they work for core coverage? Based on my market results, employers like the concept: Give employees a defined contribution plan with from five to nine medical choices and the annual open enrollment message sounds more positive.
However, the strategy breaks down when the employers defined contribution isnt enough to buy acceptable benefits. It also doesnt work well for employers that have already steered employees to high-deductible, less-rich plans. But it is an intriguing answer for many employers.
