Sharing Health Care Costs with Employees
There are only two ways to share health costs with employees – charge everyone via employee premium contributions or charge more to those that utilize the plan via high deductibles, copays, etc.
This article from the New York Times provides some great research about the effectiveness of each approach. While there are a number of other design considerations at play, it is important to create a plan design and contribution strategy that is appropriate for your organization and its ability to recruit and retain employees.
The New York Times, Health Care Cost-Sharing Works — Up to a Point, http://nyti.ms/1hyz2pV
Posted on May 28, 2014 by Ben Cohen, CEBS, Practice Leader, Health and Welfare Benefits