Employer Familiarity with Defined Contribution Plans and Exchanges

According to the 2013 Healthcare Benefits Trends Benchmark Study by Evolution1's Healthcare Trends Institute, healthcare reform is prompting employers to look at defined contribution health plans and the use of health insurance exchanges in offering employee healthcare benefits in the future. 59.4% of respondents indicated they were somewhat to very familiar with Defined Contribution Plans (DCPs) with a majority of those interested in DCPs for the future considering for 2015. When asked about health insurance exchanges, 62.1% indicated they were somewhat to very familiar with public exchanges and 55.5% were somewhat to very familiar with private exchanges. Source: Evolution1