Mercer surveyed 465 employer health plan sponsors to find out how they would respond to the excise tax portions of the proposed health reform legislation. Major findings included:
63% indicated they would cut benefits to avoid paying the excise tax. 23% indicated they would pass the tax on to their employees.
75% of those that would cut benefits would do so by increasing employee deductibles and copayments.
52% of all respondents (small, medium & large employers) favor an individual mandate. 65% of large employers (5,000+ employees) favor an individual mandate.
Click here to get more detailed survey results.