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The Pros and Cons of Consumer-Driven Healthcare

WebThe intention of consumer-driven health care was to encourage employees to shop around for cost-efficient care, but few employees actually possessed access to …

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URL: https://www.griffinbenefits.com/blog/consumer-driven-healthcare-cdhc-cdhp

Are Employers Required to Offer Family Health Insurance

WebHowever, the law makes no requirement for spousal coverage, nor does it mandate that employers pay for any portion of the premium for dependents. So in short …

Category:  Health Go Health

Healthcare vs. Health Insurance: Why the Difference Matters

WebHealth insurance is defined as “insurance that compensates the insured for expenses or loss incurred for medical reasons, as through illness or hospitalization.”. …

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Crucial Employee Benefits Trends [2020 Employee …

WebAverage Percent Employee Contribution. Employees, on average, contributed 32% toward the total plan costs in 2020. Comparatively, employees …

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Leaves of Absence: Do Employers Need to Provide Health …

WebFor leaves of absence lasting less than 31 days, premiums must be paid as normal. The employer and employee are each required to pay their share of the …

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A Brief History of Employer-Sponsored Healthcare [From …

WebBy the late 60's and early 70's, it was becoming increasingly clear that healthcare reform was in order. In 1971, Senator Edward Kennedy proposed a single …

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What Are The Differences Between Group & Individual …

WebThere are two main differences between group health insurance and individual health insurance. The first is that group plan premiums are subsidized by an …

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What are Consumer Driven Health Plans (CDHPs)

WebFor qualified large employers, an increasingly common solution is to offer consumer driven health plans (CDHPs), which are better known as high deductible …

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The Difference Between Health and Wellness in the …

WebThe two concepts are not opposites, but rather go hand in hand in one’s quest toward complete well-being. Essentially, if health is the goal, wellness is the way …

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Why Voluntary Benefits are Critical with HDHPs

WebVoluntary benefits are a great way to beef up your employee benefits package without increasing costs. Employees feel better equipped to deal with …

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The History of Medicine and Organized Healthcare in America

WebNevertheless, 8 million people signed up for insurance through the ACA Marketplace during the first open enrollment season, with enrollment peaking in 2016 at …

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How Does Healthcare in Europe Work

WebOne of the major similarities across healthcare systems in Europe is that all citizens are included. Even in partially privatized systems, an individual mandate is in …

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Cut the Cost of Employee Benefits Without Compromising …

Webby David Rook on Nov 21, 2017. Every employer is looking to cut employee benefits costs, but it can be difficult to do so without compromising employee satisfaction. Employers …

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Why Your Employees Aren’t Enrolling In Your HDHP

Webby Jeff Griffin on Nov 09, 2020. Employers looking to decrease their healthcare costs often rely on workforce adoption of High Deductible Health Plans (HDHPs), which offer both …

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Fitness-Oriented Employee Benefit Options in a Post-Pandemic …

WebFitness-Oriented Employee Benefit Options in a Post-Pandemic World. by Jeff Griffin on Mar 19, 2021. Employer reimbursement of gym memberships was a …

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Participatory vs. Health-Contingent Wellness Programs

WebParticipatory programs may be more easily administered, but may not provide what your company wants in terms of employee health outcomes. On the other …

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Why America's Healthcare System Is Broken

WebAccording to The Commonwealth Fund’s most recent study of 11 different countries’ healthcare systems, the United States comes in dead last. This study …

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HRA vs. HSA: Which is Better

WebSome labs are less expensive than others, as is the case with some surgery centers. Easier/Cheaper to Administer: HSA administrative fees are lower than those of …

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What is a Limited Purpose FSA

WebA limited purpose FSA specifically covers vision and dental expenses that may or may not be already covered by a HDHP. But since limited purpose FSA savings …

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