2015 MBGH Annual Conference Topic: Private Healthcare Exchanges!
According to an April 13,2 015 article in Employee Benefit News, Accenture data shows that enrollment in private exchanges doubled from 3 million in 2014 to 6 million in 2015.
Accenture projects that by 2018, the first year of the Cadillac Tax, 40 million will be enrolled in private exchanges.
Although most of the growth in 2015 was in the mid-market segment, Accenture believes that more large employers, who have been waiting to see what happens in the private exchange market, will fuel future growth. 2018 will be a pivotal year and with 1/3 of employers being impacted by the Cadillac Tax, Accenture predicts that larger employers will have exhausted traditional cost cutting strategies and moving to the exchanges will be the remaining strategy to get them below the tax level.
Read the entire article here.