The negative spiral of high-deductible plans

Whether one employee or the entire workforce share this health care concern, health care affordability is a challenge that needs to be addressed.

By James Blachek | August 04, 2022 at 10:25 AM

Health care is costly and the industry is always changing. Consistent evaluation of your health care program is necessary because what may have worked for employees in the past, may not be what works best now. This can be especially important when providing plans with large out-of-pocket expenses.

Employers need to be aware the moment employee’s begin to worry about affording health care. Whether one employee or the entire workforce share this concern, health care affordability is a challenge that needs to be addressed.

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

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Critical BenefitsPRO.com 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 Now

Dig Deeper

Recommended Stories

10 best (and worst) jobs for an early retirement

Richard Binder | March 27, 2023

Many Americans are facing a disappointing reality: 1 in 5 full-time workers are not saving for retirement and 22% don’t think they’ll ever be able to retire, however, a career choice plays a huge part in whether someone can retire early, according to a new study.

5 ways to foster support for veterans in the workplace

Tom Kastner | March 24, 2023

When organizations invest in these efforts to support veterans on the front end, they can pay dividends on the back end.

Emergency savings: A key addition to a company retirement plan

Scott Wooldridge | March 27, 2023

Companies need to prioritize outreach to low- and moderate-income workers, who are disproportionately less likely to participate in workplace retirement plans, according to a new report.

Resource Center

Self-funded healthcare is a health plan strategy that offers a number of advantages to employers over fully insured health plans, including new opportunities for cost containment, increased transparency, greater flexibility and more control over health plan design--all of which are reviewed in this guide.

Guide

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Exclusive discounts on BenefitsPRO.com and ALM events.