Wednesday, September 16, 2015

Many Employers Are Delaying ACA Effects By Delaying Renewals

Seventy-three percent of plans have a renewal date on or after December 1, 65.4% of which were small businesses in the fewer than 100 employee market. Employers in the less than 50 employee market saw a 2.1% increase in renewals after December 1, 2015, compared to 2014. On average, employers this year saw only a modest 2.4% increase in annual health plan cost per employee.

Source: United Benefit Advisors

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