Another survey has found that industry members believe FSA regulation will be costly, inadequate and ineffective.
The survey by Mercer Human Resource Consulting said that only 2% of employers in the general insurance market think the regulations will reduce the chances of being sold inappropriate healthcare products.
A further 68% of the more than 800 people surveyed, said they did not understand the implications of the regulations and 23% do not think the new rules would have an impact.
The survey also said that 7% of employers expected product and service costs to increase as a direct or indirect result of compliance.
