CNBC surveyed the council—which collectively manages more than $2 trillion in market capitalization—on anticipated changes to members' company health-care plans as a result of the Affordable Care Act.
About half responded to our questions, and 55 percent said that over 10 percent of their expected health-care expense increases are due to the health-care law.
Many companies are crunching the numbers to see if the cost of penalties—$2,000 annually for uncovered employees—outweighs that of providing workers with health coverage.
Over 54 percent said it was more cost-effective to pay the penalties. The federal mandate for companies is slated to go into effect in 2015.