Many Large Employers Want Government to Help Control Health Care Costs

The majority of large private employers say that health benefit costs are excessive and a greater government role in providing health care coverage and containing costs would benefit their business and employees, according to a recent survey by the Purchaser Business Group on Health and the Kaiser Family Foundation. Based on the responses from key decision-makers at 302 large private employers with at least 5,000 employees, the survey found that 87% of respondents believed the cost of providing health benefits will become unsustainable in the next five to 10 years. Meanwhile, the majority of respondents said they were likely to implement cost-control practices, such as value-based benefit designs and use of an individual coverage health reimbursement arrangement (ICHRA).

SOURCE: “How Corporate Executives View Rising Health Care Cost and the Role of Government,” Kaiser Family Foundation. Visit https://bit.ly/3eD1nlL.

Jinghong Chen Reporter

Jinghong produces infographics and data stories on health insurance and specialty pharmacy for AIS Health. She graduated from Missouri School of Journalism with a focus on data journalism and international reporting. Before joining AIS in 2018, she worked at WBEZ, Al Jazeera English and The New York Times Chinese.

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