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Posts tagged: Towers Watson

Many firms, not just Sodexo, will adjust or eliminate health plans for workers

Today's Spokesman.com business story focused on one employer, national food service provider Sodexo, to cut medical insurance costs by redefining its full time workers.

As the story noted, this has not been a unique decision. Many companies are looking at the new Affordable Care Act as a way to cut the medical benefit while workers are shunted into new private plans.

Altogether, about 44 percent of employers  contacted during a 2013 survey said they plan to stop administering health plans for their former workers over the next two years. The survey was commissioned by Towers Watson, a consulting firm that focuses on helping companies improve performance.

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