Nearly Half of Employers View Employer Mandate as Top Health Care Concern Going into 2017
"Not surprisingly, there is heightened interest in the fate of the employer mandate, which currently places significant reporting obligations on employers, including how they report coverage, track service, and determine value and affordability," explained J.D. Piro, national practice leader of Aon's Health and Benefits Legal practice. "But it's important to realize that in the short term, these mandates—and the Affordable Care Act (ACA) reporting obligations and penalties—remain in effect."
According to Aon's pulse survey of more than 800 employers, conducted approximately a week after the election, other top areas of concern for employers include:
- Prescription drug costs – 17 percent
- Excise Tax – 15 percent
- Tax exclusion limitations on employer sponsored health care – 10 percent
- Paid leave laws – 8 percent
- Employee wellness programs – 2 percent
"While details remain to be seen regarding policy proposals to address prescription drug pricing, this is an area that employers will keep a close eye on as drug costs continue to increase," said Piro. "Employers will also be tracking the future fate of the excise tax to see how the 115th
About Aon
Follow Aon on Twitter: https://twitter.com/Aon_plc
Sign up for News Alerts: http://aon.mediaroom.com/index.php?s=58
Media Contact:
Logo - http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/nearly-half-of-employers-view-employer-mandate-as-top-health-care-concern-going-into-2017-300365569.html
SOURCE


Annual Healthcare Survey: Americans Cite Affordability and Doctor Visits as Most Important Aspects of U.S. Healthcare System
Horizon Blue Cross Blue Shield of New Jersey Sends Over $70 Million in Rebates to Individual, Small Group Members
Advisor News
- Why client insurance needs could change even if their life doesn’t
- Most Gen Z investors think less than a year ahead when making financial decisions
- IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
- Help child-free clients plan for their later years
- When new investment trends emerge, Gen Z is most likely generation to be first in
More Advisor NewsAnnuity News
- Guidance, bulletin or reg? NAIC debates form of annuity illustration update
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity NewsHealth/Employee Benefits News
Life Insurance News