Breaking: 80-90% of Employer Provided Insurance Will Disappear by 2025 (Video)
A recent report by S&P Capital IQ found that by 2025 only 10% of employers will provide insurance to their employees.
Michael Thompson from S&P Capital IQ told FOX News:
“The companies will really be hard-pressed to justify why they will continue to have to spend the kind of money they spend by offering the insurance through corporate plans when there’s an alternative that’s subsidized by the government.”
Shifting employees to exchanges may save companies $3 trillion.