Poll: Employers cite healthcare costs as No. 1 company challenge

Only 45 percent of small and mid-sized business executives say they are ready for the implementation of the employer mandate under the Patient Protection and Affordable Care Act, according to a recent survey conducted by the Lucas Group. The employer mandate will become effective in 2015 and requires businesses with more than 50 employees to provide healthcare coverage or be subject to fines.

Advertisement

The national third quarter Small and Mid-Sized Business Job Generation Outlook survey assessed responses from 400 executives representing a variety of industries, 73 percent of which were from small or mid-sized businesses. Responses indicated that the cost of providing healthcare coverage to employees is executives’ chief concern. Small businesses, defined as having fewer than 100 employees, and mid-sized businesses, with between 100 and 199 employees, ranked the cost of healthcare as a bigger challenge than talent availability, uncertainty in tax policy, domestic and international competition and environmental regulations, according to the survey.

Read the full story on Becker’s Hospital Review.

 

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.