When most experts think of group healthcare plans, Preferred Provider Organization (PPO) plans largely come to mind—though higher cost, they dominate the market in terms of plan distribution and employee enrollment. But Consumer-Directed Health Plans (CDHPs) have made surprising gains. Despite slight cost increases, CDHP costs are still below average and prevalence and enrollment in these plans continues to grow in most regions—a main reason…
The findings of our 2017 Health Plan Survey show a continuation of steady trends and some surprises. It’s no surprise, however, that costs continue to rise. The average annual health plan cost per employee for all plan types is $9,934, an increase from 2016, when the average cost was $9,727. There are significant cost differences when you look at the data by plan type….
Survey: Enrollment in Consumer-Directed Health Plans Jumps 22 Percent Despite Increase in Plan Costs
Our 2016 Health Plan Survey results are in and as our preliminary findings indicated, while employer costs remained steady, employees continue to take on more cost for coverage. With PPO deductibles rising 50 percent, UBA finds that consumer-directed health plans (CDHPs) continue to increase in popularity even though they are offering less savings than a year ago. Our newly released 2016 Health Plan Survey Executive…
Once a rarity, consumer-driven health care plans have become a mainstream design among large employers.
Employer satisfaction with health plan costs is going up, according to the J.D. Power 2013 Employer Health Plan Study, yet health plans may risk losing group business unless they improve satisfaction in other areas.
Swelling health care costs and administrative headaches are driving some employers to make a major shift in health plans.
Report reveals a sobering gap in employee readiness to handle and take on the shift toward consumer-driven health plans
Beyond tweaks to deductibles, employers could find savings if they focused more on “value-based” models
Majority of employees have never heard of the phrase “consumer-driven health care”
Consumers today can customize everything, including benefit packages.