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Many employees opt for lower-cost healthcare coverage through exchanges
Modern Healthcare

More than 40% of employees opted for a less expensive plan than what they previously had when their employers offered them coverage through a private health insurance exchange, according to an Aon Hewitt analysis released Monday.

The analysis involves a private exchange Aon Hewitt launched last year, with the first policies effective Jan. 1.

The exchange offers coverage to nearly 100,000 employees, including the U.S. employees of Aon Hewitt parent Aon P.L.C., Hoffman Estates, Ill.-based retailer Sears Holdings Corp. and Orlando, Fla.-based chain Darden Restaurants.

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