New Plan Designed to Goose Participation Rates

May 22, 2007 ( - 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.

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.