Research Reports

The dramatic increase in health care costs for 8 straight years has left employers with few options but to shift some costs to employees, absorb the rest, and continue with the struggle to find new ways to curb their rise.

But, an innovative, cost-saving solution called Consumer-Directed Health Plans (CDHPs) may be employers’ salvation.

CDHPs provide significant financial benefits for employers, reducing premium rates and requiring lower annual cost increases. They have strong appeal for employees, too, giving them the freedom to make their own choice of doctors, with wider networks, no gatekeepers, and fewer hassles over claims. Statistics seem to bear out their appeal: in some cases, current CDHP participants are re-enrolling at rates as high as 90%.

But Consumer-Directed Health Plans are complex to set up, administer and present to employees. As a result, many employers are waiting to see how others have fared before investigating them further.

To help employers get a clear understanding of CDHPs, IOMA has created a comprehensive Research Report, Consumer-Directed Health Care: Everything Employers Need to Know.

This new, 300+ page guide provides a thorough overview of CDHPs, including:

• CDHP design characteristics and structures
• The role of health savings accounts (HSAs) in consumer-directed health care
• Case studies of employers of all sizes who currently offer CDHPs
• The challenge of “selling” CDHPs to employees
• Growth and enrollment trends in consumer-directed health care
• Legal and liability issues
• How pharmaceutical benefits fit into these plans
• CDHP tools essential for success
• And much more

Plus, the Research Report includes extensive appendices of essential regulations on HSAs and health reimbursement arrangements, as well as a provider directory to help employers find the right one for their organization’s needs.

Consumer-Directed Health Care: Everything Employers Need to Know is available as a soft cover report.

Preview this report's Introduction and Table of Contents here.

Interested in discussing the significant cost-savings afforded by CDHPs? IOMA Advisory Services can connect you with a knowledgeable professional.