Insurers developed consumer-driven health plans (CDHPs) to help employers take control of their employee healthcare costs. What are the different CDHP types and what features do they offer? What Is a “Consumer-Driven Health Plan”? Consumer-driven health plans combine a high-deductible health insurance plan with some form of health savings account. These include HSAs, healthcare reimbursement...
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High-Deductible Health Plans: Has Their Time Come?
Employers are increasingly turning to high-deductible health plans to control their benefit costs. In 2014, 20 percent of people covered by an employer-sponsored plan had an HDHP, and 27 percent of large employers offered this type of plan. Plan Structure Many plan sponsors offer high-deductible health plans (HDHPs) designed to work with a tax-advantaged health...
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