The pace of change in the health care market might be glacial when it comes to consumer engagement, but it remains steady. Employers, and by extension their employees, are moving toward a more account-based form of health care funding, but it's clearly not happening overnight.
A new study from the Employee Benefit Research Institute bears that out. Roughly 10 percent of the population was enrolled in a consumer-driven plan this year, up 3 percent from last year. High-deductible health plan enrollment remained static at 16 percent. Not surprisingly, the numbers skew younger, according to the latest Consumer Engagement in Health Care Survey, with nearly 19 million consumers (with private insurance) aged 21-64 enrolled, representing more than 15 percent of the demographic.
So, it's clear this market is growing, and represents nothing less than the future of employer-sponsored (or partially subsidized) health care. It might just take a little while to get there.
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.
