The Affordable Care Acts ongoing rollout continues to plague employers as many look for alternative benefit structures to help with rising costs. The defined contribution benefit model touted as a way to lower costs for employers and increase choice for employees could be a feasible option for companies that expect the landmark health care law to be a negative burden come 2015.
Nearly half of employers expect they will transition or have already moved their health insurance program to a DC model, according to research from Prudential. Top reasons cited for the change include offering employees more options, as well as the possibility of lowering costs.
