Borrowing a phrase from Mark Twain, Robert Galvin says reports of the death of employer-sponsored insurance have been greatly exaggerated.
“I don’t think employee-sponsored insurance will die. I don’t see it,” Galvin said, during his keynote address last week at the National Business Coalition on Health’s annual conference in Washington, D.C. Galvin, an M.D. and CEO of Equity Healthcare, noted that while the Patient Protection and Affordable Care Act offered employers an “exit option” from providing health coverage, for many employers it’s more of an “exit fantasy.” In 2014, when health care exchanges exist in every state, employers could in theory stop sponsoring health insurance, but most wouldn’t be able to even if they wanted.
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