NBGH Annual Employer Survey Results

Large employers expect their insurance costs to rise by 7 percent next year, which is similar to prior years, according to an annual survey by the National Business Group on Health. The companies also said they’re expecting some currently covered workers to opt to buy coverage on the insurance exchanges next year, especially those who are covered by a COBRA plan, early retirees, and part-time, seasonal or low-wage workers.

The survey is based on responses in May and June from 108 self-insured large businesses. They were asked about what coverage they’re offering workers, how they’re controlling health care costs and how they’re responding to the Affordable Care Act. None of the businesses surveyed said they are considering ceasing to offer coverage next year — although the survey was conducted before the Obama administration announced a one-year postponement of the penalty for businesses failing to offer coverage. Three percent said they’re considering dropping coverage in 2015 and paying the penalty instead.

Nearly all of the businesses surveyed offer individual coverage, but some expect certain workers will find a better deal on the insurance exchanges starting next year, especially if they qualify for subsidies. A number of businesses said they expect part-time employees and seasonal workers to opt for the exchanges, but 12 percent said they also expected full-time employees to choose exchange plans. The survey also found a moderate increase in interest among employers regarding private exchanges.