New Plan Designed to Goose Participation Rates

May 22, 2007 (PLANSPONSOR.com) - Great-West Healthcare has unveiled Great-West Universal Health Care Options - a new plan designed to increase employee and dependent participation in employer-sponsored health plans.

By redesigning the employer’s health plan, Great-West Universal Health Care Options enables employers to offer a comprehensive health plan with significantly lower employee premium contributions, according to a company news release.

Key features of this new plan include broad coverage for primary care and preventive services with modest co-payments, according to the news release.

For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.

It also provides comprehensive coverage for major illness or injury to assure that employees have financial protection for large medical expenses.

Employee out-of-pocket expenses are more concentrated on health care services that are of a minor medical or elective nature, the company said.

«