Gallup Finds Trust in Employer-Sponsored Insurance at a Crossroads

Recent data from Gallup reveals shifting perspectives on America’s health care system. While 49% of Americans now prefer a privately run system, 46% favor a government-run system. This marks a significant change from 2017, when 61% supported a private system.

By the numbers: 

• 62% of Americans believe the federal government is responsible for ensuring universal access to health care coverage, up from 54% in 2019. This shift likely reflects increasing concerns about affordability and access, driving greater confidence in a government-backed system.

• 90% of Democrats support government involvement, compared to just 32% of Republicans, who favor market-based solutions.

• Gallup data shows that employees with comprehensive benefits report higher levels of engagement and loyalty to their employers, underscoring the role of health benefits in job satisfaction.

Why it matters: Rising premiums and out-of-pocket costs are eroding employee satisfaction with employer-sponsored health care. To strengthen the perception and value of these benefits, employers should focus on:

• Affordability: Negotiate lower premiums with providers or increase employer contributions to offset costs.

• Expanded Benefits: Include wellness programs, fertility benefits, robust mental health coverage, and other options to cater to diverse employee needs.

• Effective Communication: Regularly inform employees about the total value of their compensation package, including health care benefits, to enhance appreciation and engagement.

• Flexible Benefits: Younger generations, particularly Millennials and Gen Z, increasingly seek customizable options that align with their financial and health priorities. Offering Health Savings Accounts (HSAs), mental health resources, and telehealth services has become essential to meet these expectations.

The bottom line: Employer-sponsored insurance remains vital for workforce wellbeing, but public support for government-provided health care may bring policy changes affecting the private system. Employers must offer quality, affordable benefits aligned with employee needs while keeping up with the evolving health care landscape.