Park City, UT (PRWEB) May 31, 2014
Today, Zane Benefits, the #1 Online Health Benefits Solution, published a new study predicting 90% of companies will abandon Employer-Sponsored health insurance by 2020.
According to Zane Benefits’ website, by 2020, 90% of American employees who currently receive health insurance through their employers could be shifted to individual health insurance and government Exchanges, according to a projection by S&P Capital IQ, a division of McGraw Hill Financial.
Zane Benefits’ website says, the report predicts that employee costs for healthcare will more than double by 2025, although they will be paying the same percentage (about 26%) of their premiums over that period. Employers’ share of premiums will drop from roughly 70% to 33%, while the government’s share is predicted to jump from less than 4% to about 41%.
About Zane Benefits
Zane Benefits, the #1 Online Health Benefits Solution, was founded in 2006 to revolutionize the way employers provide employee health benefits in America. We empower employees to take control over their own healthcare, while helping employers recruit and retain the best talent. Our online solutions allow small and medium-sized businesses to successfully transition to a health benefits program that creates happier employees, reduces costs and frees up more time to serve their customers. For more information about ZaneHealth, visit http://www.zanebenefits.com.