Recent Trends in Self-Employed Insurance by Firm Size

(Washington, DC – Insurance News and Markets) – In exploring trends in self-insured health insurance among private sector businesses that offered health plans, between 1996 and 2015, the Employee Benefit Research Institute sought to find out whether the Affordable Care Act could impact those trends.

Key findings included that more private businesses offering health plans (at least one of which is self-insured) has increased more than 36 percent, from 28.5 percent in 1996 to 39 percent in 2015. Nearly 20 percent more mid-sized companies have offered health plants, including at least one self-insured plan.

Also, 60 percent of individuals who are covered by a health plan are enrolled in self-insured health plans, between 2013 and 2015. The largest increases in self-insured plan coverage among covered workers have occurred in establishments with 25-99 employees and with 100-999 employees.

Source: Employee Benefit Research Institute®