Health Insurance Daily

CDHPs May Lower Out-Of-Pocket Costs

Consumer-driven plan participants are becoming more cost-conscious, benefiting financially from their plans and still getting the appropriate care, says a year-long study of first-time users of CIGNA HealthCare's consumer-driven health plans.

HRA and HSA members' total out-of-pocket expenses dropped from 19% of total health expenses to 16% after switching from a traditional plan, excluding the premium costs. The average CDHP premium contributions are 10% to 20% lower than premium contributions in traditional plans.

Information provided by BenefitNews - November 9, 2006

posted by Mike @ 4:22 PM