While employers expect to continue implementing cost-sharing measures in their health care plans in 2014, most plan on keeping group coverage for the next year. And just 5% of employers anticipate moving employees to a private exchange, according to the 2013/2014 Verisight and McGladrey Compensation, Retirement and Benefits Trends Survey.
Additional survey findings reveal that only 4% of respondents are fully cutting coverage and will instead offer employees a subsidy to gain coverage through the state or federal exchange. Some of the more common cost-sharing measures include increasing premiums (35%), raising co-payments or co-insurance (23%), increasing deductibles (22%) and establishing wellness programs (22%.)