New Deloitte survey of employers shows 9% plan to stop offering health insurance coverage over the next three years because of the high expense.
NEW YORK (CNNMoney) -- One in 11 employers is planning to drop health insurance coverage for workers over the next three years because of the high expense, according to a report from consulting firm Deloitte.
While Deloitte's 2012 survey of employers -- conducted before the Supreme Court's ruling in June to uphold health reform -- showed that 9% of them planned to stop offering health care coverage, 81% of companies polled said they would continue providing the benefit as a means to attract and retain employees.
That's good news for more than 160 million people -- more than half the U.S. population -- who currently get health insurance directly through their employers.
Another 10% of employers polled in the Deloitte survey indicated that they hadn't yet made up their mind.
Among those employers who indicated that they wouldn't dump health coverage, most plan to make workers pick up more of the cost associated with it through higher premiums, co-pays and deductibles.
Under health reform, states are mandated to set up health insurance exchanges -- online marketplaces where consumers can buy subsidized health plans -- by 2014.
These exchanges are geared toward making health insurance affordable to underinsured and uninsured individuals.
By 2014, companies with 50 or more full-time employees must start providing health insurance or face penalties.
For most small businesses, that means a new way to shop for less-expensive health insurance on the exchanges where they can buy plans for their workers.
|What we want Apple to unveil at WWDC|
|Millennials squeezed out of buying a home|
|7 traits the rich have in common|
|Big Data knows you're sick, tired and depressed|
|Your car is a giant computer - and it can be hacked|
Carlos Rodriguez is trying to rid himself of $15,000 in credit card debt, while paying his mortgage and saving for his son's college education.
Susan Carson and Laura DeLallo make $225,000 and have half a million in retirement savings, but their sprawling portfolios is proving hard to manage.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.69%||3.76%|
|15 yr fixed||2.80%||2.82%|
|30 yr refi||3.69%||3.76%|
|15 yr refi||2.83%||2.83%|
Today's featured rates: