CDHC Plans Bloom
A new report finds that 36% of large employers offered consumer-directed, high-deductible health plans in 2012, up from 14% five years ago. Enrollment in those plans has risen to 16% of all covered employees, compared with 5% in 2007.
Chad Terhune from the LA Times.
Just curious — do these employers also offer traditional PPO’s? That is, are employees selecting these because the whole office switched or because of the options they preferred it?
Great news either way!
It’s probably too little, too late. But maybe a positive outcome of the PPACA will be that it encourages employers to start pushing workers towards high-deductible health plans. The PPACA mandates health insurance, and has a bias towards comprehensive coverage. Yet while looking for a way to lessen the mandate, employers are looking for at high-deductible health plans. Maybe it will convince the left-of-center policy wonks that the PPACA should be revamped and all policies in the exchange should be high-deductible plans with a savings component.
How many workers are applying for traditional PPO’s rather than the newer ones?
This is good news… I dont know how beneficial it will be though under the current circumstances..
Very interesting blog! Thank you for sharing.
Dr. Goodman: 1
PPO’s: 0
It’s nice to hear about things trending in a good way for once.
These plans promote competitive pricing up till the deductible, but after that the normal perverse incentive returns.