Employers don’t want a tax dollar-funded healthcare system - Survey

Employers don't want a tax dollar-funded healthcare system - Survey shows.

Only one in six employers (16.3 percent) are in favor a federally tax-funded universal health care system, despite concerns about the impact of rising health care costs on their businesses and employees. This is the finding of the 2011 UBA Benefit Opinions Survey, which released its figures today.

The survey shows that almost all of the top decision-makers (that’s 99.4 percent of bosses) are concerned with the impact of health care costs are having (or are going to have) on their overall corporate costs. More than 50 percent of employers interviewed said it is a critical concern. Just slightly fewer (97.9 percent) are also concerned with the impact health care costs are having on their employees, up nearly 20 percent from three years ago and nearly identical to last year.

These results were consistent regardless of industry, employee size category or geographic region. Additional findings presented in the survey include:

  • 96.9 percent of employers still believe a good benefits program helps attract good employees while 93.8 percent believe good benefits keep employees from leaving.
  • Employers are less prepared to meet the legislative and regulatory requirements placed upon them, and those requirements are becoming increasingly complex.
  • Nearly three-quarters of the employers responding felt there is a definite role for the federal government to play regarding health: requiring the disclosure of cost and quality information of hospitals and physicians.

“On an encouraging note, there is a trend of employers implementing wellness and health management strategies that they feel are having a positive impact on chronic conditions and the effectiveness of these programs in general,” according to William Stafford, Vice President, Member Services.

The UBA 2011 Benefit Opinions Survey includes employer perspectives on Health Care Strategy, Benefits Philosophy and Opinion, Health Plan Management, Personal Health Management, Scope of Benefits Offered and Employee Communications.

Copies of the UBA 2011 Benefit Opinions Survey are available for purchase after May 1 by downloading the order form or through the nearest UBA Member Firm listed on the UBA website at www.UBAbenefits.com.

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