Most Companies Oppose Single-Payer Health Care System, State Coverag... (s coveragefor state residents. Nearly th...)

Most Companies Oppose Single-Payer Health Care System, State Coverage Mandates

Date:4/23/2008

s coverage for state residents. Nearly the same percentage (63 percent) support a joint effort between the public and private sectors that combines government programs, employer coverage and individual requirements.

"Despite their frustration with rising costs, employers believe they can do a better job managing costs and meeting the needs of their workers than the government can," said Nussbaum. "In the last few years, companies have made considerable progress in increasing employee engagement in health care, through private-sector initiatives such as consumer-directed health plans and health savings accounts. Many feel they will be able to make even more headway in the future."

While companies continue to monitor legislative activity, more than a third (35 percent) say reform proposals are having no influence on their decisions to make plan changes, and 62 percent are still making plan changes as they monitor reform proposals.

An overview of the 2008 presidential candidates' health care reform proposals is available in the latest issue of the Watson Wyatt Insider at http://www.watsonwyatt.com/healthreform.

About Watson Wyatt Worldwide

Watson Wyatt (NYSE, Nasdaq: WW) is the trusted business partner to the world's leading organizations on people and financial issues. The firm's global services include: managing the cost and effectiveness of employee benefit programs; developing attraction, retention and reward strategies; advising pension plan sponsors and other institutions on optimal investment strategies; providing strategic and financial advice to insurance and financial services companies; and delivering related technology, outsourcing and data services. Watson Wyatt has 7,000 associates in 32 countries and is located on the Web at http://www.watsonwyatt.com.

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