What will that cost you?
A recent study conducted by the Kaiser Family Foundation and the Health Research and Educational Trust
In another part of the study, 29% of large companies said they are considering shifting to a plan where they allot a set sum of money for each employee for health benefits, and the employee picks the coverage from a "private exchange." The survey also shows that higher deductible plans are popular, with 38% selecting an annual plan with a $1,000 deductible.
What to do about health care reform?
What to do about health care reform continues to be one of the biggest challenges for owners of home health agencies, hospice, and private duty home care companies. The 2013 Private Duty Benchmark Study from Home Care Pulse and HCAOA shows the following responses to how agency owners plan to deal with the employer mandate:
- Provide required health insurance - 18.7%
- Drop my health plan and pay penalty - 1.9%
- Pay the penalty, never offer insurance - 9.4%
- Have not decided - 52.6%
- Keep employees to less than 30 hours - 19.9%
- Operate with less than 50 FTE - 17.4%
- Other ?? - 4.2%