Consumer-Driven Health Care Plans Growing
The Kaiser Family Foundation conducts an annual survey of employer-sponsored health plans. According to the 2012 survey, one-third (31 percent) of firms that offer health coverage offers a consumer driven health plan (CDHC) option. Approximately one-in five covered workers are in CDHC plan. Eleven percent of covered workers are in a Health Savings Account-qualified (HSA) plan in 2012 — up from 9% in 2011; while 8% are in an HRA plan in 2012 — about the same as in 2011.
About 149 million people are covered through an employer health plan. The report didn’t break down HSAs/HRAs by the number of people enrolled. But the data suggests that as many as 28 million people may be in an employer HRA/HSA plan.
More choice for the consumer is a good thing. Excellent news.
Interesting study. Always good to see more options for consumers.
Not bad. What is the network for these CDHC plans like when you do go over the deductible?
@ Alice
My previous HSA-qualified plan was BlueCross of Texas. I had access to the same provider network all BlueCross enrollees. I also received the same negotiated rates when receiving medical care regardless of whether I had met my deductible or was over my deductible. I now have United Healthcare and it works the same. Most HSA plans are PPOs with a high-deductible plans coupled with the HSA.
I wounder how Obamacare will affect this data…
Consumer-driven plans are always good. Thumbs up!
Wonder what that percentage of firms will look like after ACA makes it cheaper just to pay the fine rather than offer healthcare.