Account Based Medical Plans continue to be used effectively to transfer ownership from the insurance carriers and employers, onto the employees. By engaging employees further in the purchase of healthcare, they become more educated consumers.
The healthcare equation is actually rather simple:
X # of Services= Total Cost
The legacy of managed care plans has been to effectively shelter employees from understanding that they play a critical role in controlling healthcare costs.
Through the implementation of an account based medical plan strategy, your company can begin to break through this history and create a more engaged, and educated healthcare consumer.