Employee health care challenging employers.

Financial ExecutiveVol. 27 Nbr. 8, October 2011

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Employee health care challenging employers.

A key element of the Patient Protection and Affordable Care Act (PPACA), which was signed into law by President Barack Obama in March 2010, is the creation of state health exchanges that will enable employers to opt out of providing employees with company-paid insurance for a fee.

The exact number of employers that will select this path remains somewhat controversial, particularly since this specific part of the legislation could be overturned. But, Lockton, a privately owned, independent insurance broker, notes that one in five employers says they will consider the state exchanges and pay th...

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