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Survey: Health law won’t spark mass cancellations

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in Compensation and Benefits,Human Resources

A full 87% of employers say they plan to continue offering employee health benefits as a result of President Obama’s year-old health care reform law, says a survey of 1,000 companies by the International Foundation of Employee Benefit Plans.

Main reason: “Health insurance remains a recruiting and retention tool,” says Amy Bergner, health policy expert at consulting firm Mercer. “If you drop health insurance, you will probably have to pay your employees more. That could knock out any savings gained by discontinuing coverage.”

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