Popular Stories

RELATED ARTICLES

External News

Where Do you Go for Financial Advice?

Got News?
If you have news of interest to plan sponsors, email us at news@plansponsor.com

HR/ BENEFITS

e-mail   print   reprint   share   Login to Recommend

Employers Offer Decision Support and Incentives to Encourage CDHP Use

May 17, 2010 (PLANSPONSOR.com) – Workscape’s 3rd Annual Benefit Survey indicates that organizations that are serious about consumer-driven health plans (CDHPs) offer decision support to help employees get the best out the program and incentives to give employees a nudge to begin using decision CDHP plan tools.

The survey found about half of small and mid-sized organizations and close to two-thirds of large organizations have adopted at least one CDHP or high-deductible health plans (HDHP). More than three-quarters (76%) of large employers (>5,000 employees) offer decision support tools to CDHP participants, and another 3% plan to do so within the next 12 months.  

In addition, 61% of small organizations (<1,000 employees) and 71% of mid-sized employers (1,000 – 5,000 employees) offer decision support tools. Decision support tools include Web-based information, cost calculators, and plan comparison tools.  

According to the survey report, roughly a quarter of organizations offer employees incentives to use decision support.  

Incentives offered include:

  • Gift certificates,
  • Cash incentives,
  • Premium reductions,
  • Lower deductibles,
  • Health club memberships,
  • A chance to win something.

Some organizations indicated they also encourage employees to use decision support tools through town hall meetings, one-on-one consultations with HR specialists, and/or handing out information during open enrollment.  

Workscape found significant differences between industries in their adoption of CDHPs/HDHPs. Just under 80% of financial organizations have adopted such a plan - almost twice the percentage of government organizations. The big jump, however, occurred in the health care industry, where the number of firms offering CDHPs/HDHPs increased from less than half to almost two-thirds, the report said.  

In addition, there has been a modest increase in adoption of health disease management programs in all sizes of organizations, with almost 80% of large organizations offering these programs.

< PREVIOUS 1 2 NEXT >









 

Site Map  About Us  Advertiser Services  Subscriber Services  Terms of Use  Privacy Policy  FAQS  Glossary  Customer Service

Copyright ©1989-2011    Asset International, Inc.    All Rights Reserved. No Reproduction without Prior Authorization

GfJ432Hghb43dfs3dasds4at8