THE WORKFORCE OF TOMORROW
Learn how AI and new tech are redefining familiar challenges.
Learn more

Library

| Our Take

How Covid-19 will impact employer coverage

Two paths forward for employer-sponsored insurance

The economic crisis brought on by Covid-19 is severe. Employers have taken drastic actions to manage staffing costs as revenue crashed and entire industries were rendered dormant. In the next 12 to 24 months, furloughs are likely morph into layoffs, and health benefits are a sure target.

The last recession in 2008 led to massive changes in benefits, transferring more costs to employees. But this time will be different. The scale of today’s challenge, coupled with the lessons of the past decade’s experience with high deductibles, means that cost sharing won’t be enough. Rather, we expect to see employers debate between limiting the network options for members and asking PCPs to make those decisions for them.



SPONSORED BY

INTENDED AUDIENCE

AFTER YOU READ THIS

Don't miss out on the latest Advisory Board insights

Create your free account to access 2 resources each month, including the latest research and webinars.

Want access without creating an account?

   

You have 2 free members-only resources remaining this month remaining this month.

1 free members-only resources remaining this month

1 free members-only resources remaining this month

You've reached your limit of free monthly insights

Become a member to access all of Advisory Board's resources, events, and experts

Never miss out on the latest innovative health care content tailored to you.

Benefits include:

Unlimited access to research and resources
Member-only access to events and trainings
Expert-led consultation and facilitation
The latest content delivered to your inbox

You've reached your limit of free monthly insights

Become a member to access all of Advisory Board's resources, events, and experts

Never miss out on the latest innovative health care content tailored to you.

Benefits include:

Unlimited access to research and resources
Member-only access to events and trainings
Expert-led consultation and facilitation
The latest content delivered to your inbox
AB
Thank you! Your updates have been made successfully.
Oh no! There was a problem with your request.
Error in form submission. Please try again.