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Report Predicts End Of Employer-Provided Health Plans

Thursday, May 01, 2014

The Affordable Care Act could save the biggest companies in the U.S. billions of dollars in the coming decade, as employers drop low-wage and part-time workers from company health plans and shift them towards health care exchanges, where they can buy their own health insurance.

That’s according to an analysis by the investor research firm S&P Capital IQ. It predicts that by 2020, 90 percent of workers at S&P 500 companies — companies like Boeing, Caterpillar, Exxon Mobil, Kellogg and Target — would shift coverage to exchanges.

Sarah Kliff has been covering the Affordable Care Act for Vox.com and joins Here & Now’s Sacha Pfeiffer with details.

Guest

Copyright 2014 WBUR-FM. To see more, visit http://www.wbur.org.

Source: NPR

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