Transitioning Employer Health Benefits to Private Exchanges

December 10, 2014

Roughly 170 million people in the U.S. receive health insurance through employer-sponsored plans. It’s an entrenched practice that took root during World War II and that, largely, has served the workforce well. However, it still lets employers decide what’s best for the covered group, leaving employees little flexibility in individualizing their benefits.

Private health insurance exchanges — which have been bolstered by the rollout of the Affordable Care Act — aim to address this need for choice. Our research at Accenture, which we gleaned from publicly available corporate filings, market analysis, and our industry experience, shows that about 3 million people in the U.S. already receive their employer health benefits through a private exchange — a number expected to swell to 40 million by 2018.

Harvard Business Review article

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