As we enter open enrollment season, brokers, advisors and benefits managers need to get up to speed on consumer-directed health plans because they are fast becoming mainstream. Brokers should be prepared to answer a threshold question: "How does the consumer-directed health plan compare with our existing plan?"
A recent survey by the National Business Group on Health (NBGH) found that nearly three-fourths of large employers will offer a consumer-directed health plan (CDHP) in 2012, up from 64 percent this year.[1]
Employers are embracing CDHPs to get employees more actively involved in their health care and help control medical costs. The most common type of CDHP is a high-deductible health plan paired with a health savings account (HSA), according to NBGH. These plans promote preventive care and offer tax advantages for both employees and employers.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
