FierceHealthcareFierceHealthITFierceHealthFinanceFierceEMRHospital ImpactFierceMobileHealthcare   FiercePharma

Study: CDHP use hits 40 percent among big firms

Tools
Tags
ed visits
Consumer-driven health plans (CDHP)
deductible plans

Despite some pushback from critics, acceptance of consumer-directed health plans is growing in corporate circles. According to a new study by Watson Wyatt Worldwide and the National Business Group on Health, which surveyed 573 large U.S. companies, employer roll-outs of CDHPs climbed 5 percent last year, from 33 percent to 38 percent. Interestingly, only some of these employers (26 percent) offer or plan to offer a health savings account, a cornerstone of the model behind the CDHP. This may explain, in part, why employees don't seem as enthusiastic about the CDHP model as their bosses are. Watson Wyatt found that only 8 percent of employees had enrolled in these plans, despite the fact that CDHPs offer significantly lower premiums. Right now, only 5 percent of employers have forced the issue by making CDHPs the only health insurance option available, Watson Wyatt found.

To learn more about this trend:
- read this United Press International report
- see the Watson Wyatt press release

Related Articles:
Study: High-deductible plans cut ED visits. Report
Insurers vigorously defend CDHPs. Report
Study: CDHPs improve health habits, lower costs. Report
Pediatrics group comes out against CDHPs. Report
CDHP movement gains ground. Report

Bookmark and Share
Get Your FREE FierceHealthcare Email Newsletter:
Be the first to comment

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.

More information about formatting options

To combat spam, please enter the code in the image.