Researchers found that enrollees would be willing to pay $270 more annually, or 6.3% of their total premiums, for a plan with a deductible that reset more frequently.

A new study from the University of Wisconsin finds that resetting deductibles to cover six-month periods, rather an annual rate, might save some health plan members an amount that equals from 6%-to-10% of premium costs.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • 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
NOT FOR REPRINT

© 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.