Consumer-Driven Health Products are much more than a passing fad! They hold great promise for employers who want to gain control over escalating employee health plan costs.
Consumer-Driven Health Plans (CDHP) strive to educate employees and encourage them to become more involved in the health care decision-making process. Employees are much more likely to compare treatment plans, review the services available to them, and control costs because they know:
Their health account dollars will roll over from year to year and can be saved for a rainy day; and they must meet a higher deductible before their health plan begins to cover expenses. The typical CDHP is a high deductible plan combined with either a Health Savings Account (HSA) or a Health Reimbursement Arrangement (HRA)