Private Exchanges and Employer Implementation (Infographic)

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Over half (54.5 percent) of employers report that they are somewhat to very familiar with private exchanges. As ACA employer mandates continue to take effect over the next couple years, more employers are reporting an interest in offering employee health benefits through an exchange.

The 2013 Healthcare Benefits Trends Study polled HR executives and other benefit decision-makers across the country regarding private exchange implementation. The study found that although more than half of employers identify as somewhat-very familiar with private exchanges, less than 7 percent of these employers are already using exchanges. However, as more private exchanges continue to launch this year, it’s predicted that we’ll see an increase in the number of employers using these exchanges. 

The following Infographic provides an outlook of private exchange implementation among employers, as well as what employers report looking for in a private exchange. 

 

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“<div style=”clear: both;”><a href=”http://www.evolution1.com/healthcare-trends-institute/private-exchange-employer-implementation-infographic/”><img title=”Private Exchange Employer Implementation Infographic” alt=”Private Exchange Implementation Infographic” src=”http://www.evolution1.com/healthcare-trends-institute/wp-content/uploads/2014/04/Private_ExchangeImplementation_Infographic1.jpg” width=”576″ height=”1254″ border=”0″ /></a></div>

 

<div>Courtesy of: <a href=”http://www.evolution1.com/healthcare-trends-institute/”>The Healthcare Trends Institute</a></div>”

 

Like this Infographic? Check out our Trends in Defined Contribution and What You Should Know About Employee Wellness Programs Infographics!

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1 COMMENT

  1. […] Interest in private health insurance exchanges is growing rapidly, Mercer says. A private exchange allows an employer to better manage costs and deliver flexibility and choice to its workforce. Mercer’s survey found that one-fourth of all employers are considering switching to a private exchange to deliver benefits to retirees or actives within just two years — and nearly half would consider switching within five years. Related: Private Exchange and Employer Implementation Infographic  […]

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