While adoption of consumer-driven health plans by employers continues to increase, the perceived risk of CDHP’s high deductibles still makes employees hesitant to switch from the traditional PPO. However, such fears may be unfounded, according to Change Healthcare, a health care cost transparency and engagement company.

Over the past two years, the number of employers offering CDHPs has risen from 17% to 22%, according to The Henry J. Kaiser Family Foundation and the Health Research & Educational Trust. Among jumbo and large employers, the percentages are significantly higher — 59% and 36%, respectively. However, only 13% of employees who have the option are actually enrolled in a CDHP, Mercer reports.

Register or login for access to this item and much more

All Employee Benefit Adviser content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access