Will Employer Health Insurance Go the Way of Pensions?

For years, employers have been getting out of the pension business. With old-style pensions giving way to 401(k) plans, most workers are now responsible for making their own investment decisions for their retirement.

Now it appears that companies may start doing the same thing with their health insurance benefits. The resulting shift could leave employees with a lot more work to do to manage their health costs.

A recent report from the Employee Benefit Research Institute shows that fewer than half of the employers it surveyed are certain about their plans to continue offering traditional health benefits to their workers. A substantial portion of the remainder expects to seriously consider moving to what is called a "defined-contribution" strategy for health benefits.

READ MORE:  http://www.dailyfinance.com/2012/07/30/will-employer-health-insurance-go-the-way-of-pensions/