Health Insurance Daily

Job-Based CDHPs On The Rise

More employers are offering consumer-driven health plans to workers, and evidence shows CDHPs are helping lower companies’ health care costs, according to research unveiled today by Watson Wyatt Worldwide and the National Business Group on Health during at a conference in Washington, D.C.

The percentage of large firms offering a CDHP increased from 33% last year to 38% this year. Five years ago, only a handful of companies offered such plans, according to Watson Wyatt and NBGH. Forty percent of employers now offer or plan to offer a health savings account, while 26% provide or plan to provide a health reimbursement arrangement, the survey of 573 large companies shows.

Article provided by BenefitNews 3-18-07

posted by Mike @ 4:10 PM