This includes placing a greater emphasis on available account-based health plans such as HSAs (health savings accounts) and HRAs (health reimbursement arrangements) to help employees buffer themselves from short-term expenses and prepare them for future financial obligations.
Nyce: When it comes to their account-based health plans, employees now expect ongoing communication, as well as accurate and up-to-date information, easy-to-use technology that creates a consumer-grade experience, simple transactions, and quick reimbursement -- meaning days, not weeks.
Increase offering of account-based health plans
(ABHPs) (17% intend to add this plan design in 2013 or 2014, which would result in nearly three in four (74%) employers offering an ABHP)
Nationwide Better Health, a unit of Nationwide Mutual Insurance Company, Columbus, Ohio, recently announced plans to add new voluntary, worksite products aimed at workers who are moving into HSA plans and other account-based health plans
This doesn't necessarily predict a stampede toward consumer-directed or account-based health plans, however.
Account-based health plans are well down the list at 30 percent but still above "Reduce or cap covered services." This suggests employers will go only so far in slashing existing health plans, beyond which they prefer account-based plans.
The sample included 1,242 people who had account-based health plans
-- high-deductible coverage with health savings accounts (HSAs) or health reimbursement arrangements (HRAs).
* Increase offering of account-based health plans
(ABHP) (17% intend to add this plan design in 2013 or 2014, which would result in nearly three in four (74%) employers offering an ABHP)
In fact, account-based health plans
(ABHPs) are becoming widely acknowledged as an attractive vehicle for promoting "consumerism" in employers health programs, encouraging healthy behaviors and building a broader culture of health for the organization.
Account-based health plans
and pay for-performance provider networks had no apparent effect on plan costs, the researchers report.
In the commercial market, executives said that many employers that have had fully insured coverage are moving to self-funding, and that many buyers of group and individual health insurance are moving to high-deductible, account-based health plans
. Account-based plans typically have lower premiums than conventional plans.
PacifiCare says it is making the deal to increase sales to individuals and small groups, and to take advantage of the shift toward account-based health plans
and the relatively light competition in the individual and small group markets.