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View All NewsSurvey: 46% won't drop employee health coverage
June 29, 2010
As healthcare reform takes shape, 46% of companies said they decided they won't end employee healthcare coverage, according to a survey by the Society for Human Resource Management. Less than 2% said they decided to drop coverage.
Some have suggested it might be cheaper to pay the penalty than provide coverage.
The primary reasons not to drop healthcare coverage included lower employee morale and job satisfaction as well as that it would make employers uncompetitive in recruiting, according to SHRM.
The survey included 819 human resources professionals and took place between June 16 and June 23.
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