SOURCE: EPIC (Edgewood Partners Insurance Center)

EPIC (Edgewood Partners Insurance Center)

October 19, 2010 13:36 ET

EPIC Releases Results of 2010 Employer Survey on Health Care Reform

Survey Reveals Employers Need for Ongoing Program Guidance and Decision Support

SAN MATEO, CA--(Marketwire - October 19, 2010) -  EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits consulting and brokerage firm, announces the results of its 2010 Employer Survey on Health Care Reform. The survey -- focusing largely on mid-sized firms across multiple industries -- shows employers are still evaluating their options, in light of the Affordable Care Act.

Key survey findings include:

  • Managing benefits program costs and offering competitive benefits are top priorities
  • Employers continue to analyze reform legislation with many benefit program decisions still to be made
  • Employers are unclear if reform is a factor in rate increases
  • Increased flexibility to offer wellness incentives has not yet spurred employers to act 

Affordable, Competitive Benefits Remain a Top Business Objective
A strong majority of participants (77 percent) view managing overall benefit costs as their top priority. This is followed by 64 percent of respondents who say that continuing to offer competitive benefits is important to them. Interestingly, a large number of employers (43 percent of those surveyed) also reveal they are concerned with the quality of care that will be delivered to their plan participants as a result of health care reform.

"The fundamental business goals haven't changed. Employers want affordable, competitive health coverage to attract and keep top talent," notes Dana Liedel, EPIC's Employee Benefits Managing Principal, based in San Francisco. "As rate increases have come in, employers may be focused solely on keeping them in check while other required actions or even strategic actions get overlooked. Employers need help figuring out what strategy makes the most sense for them -- given their unique plans," adds Liedel.

New Wellness Incentives Bring Little Action from mid-size firms
Only 22 percent of respondents indicated that they are planning to implement a new wellness program in light of health care reform. While the marketplace holds an ever increasing focus on managing healthcare costs through a variety of wellness initiatives, a significant number of mid-sized firms (40 percent) have no plans to engage.

Ongoing Study of Health Care Reform Stalls Implementation
In fact, EPIC's survey reveals that 71 percent of respondents do not currently have a strategy for addressing the long-term effects of health care reform. In addition, many employers are still undecided on their approach to plan funding, wellness, employee communications, workplace benefits and other benefit program decisions.
"Benefits managers wear many hats -- there's barely a spare hour to keep up on cost management trends, stay compliant or ensure that employees continue to appreciate their benefits. Now add health care reform to the mix," says Liedel. "Our survey underscores the fact that employers need practical, hands-on advice on how to move forward in the face of this new legislation."

New Tool Will Aid Employers
EPIC's Health Care Reform Field Guide, launching early next month, will help employers effectively walk through the details and complexities of health care reform. "We've taken what we have learned from our clients and others and have created a 'nuts and bolts' guide on health care reform. Employers need to see the larger picture and develop an integrated, holistic response to program strategy, design, compliance and communication -- so they aren't missing important opportunities or deadlines," adds Liedel. "We plan to help them do this."

To request a complete summary of EPIC's 2010 Employer Survey on Health Care Reform and get more information on EPIC's Health Care Reform Field Guide, please visit the EPIC Web site at

Dana Liedel can be reached at (415) 356-3939 or

About EPIC (Edgewood Partners Insurance Center)
Founded in 2007, EPIC is a young and innovative California-based retail property & casualty and employee benefits consulting and brokerage firm. The company provides a unique equity ownership opportunity and has created a values-based culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence.

The fastest growing brokerage in the state, EPIC now has nearly 300 team members operating from eight offices across California (Los Angeles, Orange, Irvine, Folsom, San Francisco, San Mateo, Petaluma and San Ramon) and in Baltimore, MD.

With nearly $60 million in revenues, EPIC ranks among the top 50 retail insurance brokers in the United States and is the 5th largest privately-held broker in California. For more information please visit

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