Lifestyle plays a major role in the increases in medical costs. Another factor involves educating patients to strive for better and more cost effective care.
An effort on the part of the insurance industry to control costs involves shifting the burden of routine medical decision making to the patient (consumer) by increasing deductibles and minimizing or eliminating co-pays. These plans are often coupled to tax favored funding accounts like HSA’s (health saving accounts) or HRA’s (health reimbursement accounts).
High deductible health plans depend on a well-informed and motivated consumer.
Employee satisfaction depends on reasonable communication and education.
Be Well Solutions can help companies institute high deductible plans by assisting with benefit design, ongoing employee education, screening and incentive plans.