August 28, 2013 — Most large employers are not considering moving their employees to a private exchange in 2014 and not yet thinking about public exchanges, either, with so many variables in play, officials with The National Business Group on Health said Wednesday in Washington.
The group’s new survey of 108 respondents, all members of the NBGH, and nearly evenly distributed by employer size, found that just 1% were moving active employees to the private exchanges. However, 30% would consider it for 2015 and beyond.
“Private exchanges are an option that some employers are considering for … sometime in the future,” said NBGH President and CEO Helen Darling. “They are thinking ahead.”
Yet, Darling pointed out that ‘ahead’ in health care is in actuality only a few months from now. Open enrollment planning for 2014 was already underway and employers are already starting work on 2015 plan design. And in just six-to-seven months from now, they will start planning for 2016 open enrollment, she said.
However, while employers are not moving their active employees to the exchanges, they are moving retirees. Ten percent did so in 2013, 7% plan to for 2014, and 40% are considering it for the future, the survey found. That, Darling said, is a key piece of the puzzle.
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