Saturday, May 10, 2014
Report: Firms could save billions by moving employees onto exchanges
McClatchy (5/1, Pugh, Subscription Publication) reports on a new analysis, out of S&P Capital IQ, a division of McGraw Hill Financial, which predicts that Standard & Poor’s 500 companies “could shift 90 percent of their workforce from job-based health coverage to individual insurance sold on the nation’s marketplaces by 2020.” Moreover, according to that report, “if all U.S. companies with 50 or more employees followed suit, they could collectively save $3.25 trillion through 2025.”
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