NAM/IndustryWeek 2013 Q2 Survey: Health Insurance and the Affordable Care Act

NAM/IndustryWeek 2013 Q2 Survey: Health Insurance and the Affordable Care Act

Manufacturers expect steep health care premium rises in 2014.

 

1. Do you offer health insurance coverage to your employees?

  1. Yes—99.0%
  2. No—1.0%
  3. Uncertain—none

 

2. Do you self-insure your health insurance?

  1. Yes—38.0%
  2. No—60.8%
  3. Uncertain—1.3%

 

3. What was the average premium increase:

  1. Last year (2012)—8.4%
  2. This year (2013)—8.6%
  3. Next year (2014)—13.9%

 

4. Do you believe that your business is prepared to implement the 2014 provisions of the Affordable Care Act?

  1. Yes—43.8%
  2. No—24.4%
  3. Uncertain—31.7%

 

5. Is your business planning to use a health insurance exchange due to the Affordable Care Act once it goes into effect on October 1?

  1. Yes—1.9%
  2. No—56.9%
  3. Uncertain—41.2%

 

6. Is your business considering reducing the amount of coverage it provides due to the introduction of a 40% tax on high-cost health insurance coverage starting in 2018 (the “Cadillac” tax)?

  1. Yes—23.3%
  2. No—37.4%
  3. Uncertain—39.3%
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