A new study finds that most employees would have saved more in a consumer directed health plan versus a traditional health plan (such as a PPO) without compromising quality or convenience.
Research from Change Healthcare finds that, on average, employees could have saved $55 per month in total out-of-pocket costs (premium savings plus co-pays and co-insurance), while families could have saved $140 per month in total costs had they selected a CDHP.
The success of CDHPs for plan sponsors is driving more employers to offer them. Over the past two years, offerings of CDHPs have risen from 17 percent to 22 percent of all employers. Among jumbo and large employers, the percentages are significantly higher—59 percent and 36 percent respectively, according to Mercer research. But only 13 percent of employees who have the option are actually enrolled in a CDHP.
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