Thirty-Two Percent of Employers Delayed Health Plan Renewal Date to December 2014 to Avoid Rate Increases, Survey Finds
Employer Health Care Costs Remain Stable for 2014, but Number of Employers Delaying Renewal to Avoid PPACA Compliance Increased 322 Percent Indicates Full Impact of PPACA is Still Unknown – Large Rate Increases ExpectedThe number of employers delaying their health plan renewal dates until December 1 increased 322 percent from 2013 to 2014, with 32 percent of all employers postponing their renewal date, according to the 2014 United Benefit Advisors Health Plan Survey, the nation’s largest health plan survey of nearly 10,000 employers. Of the 32 percent, 94 percent were small businesses in