We discuss pertinent subjects relating to financial and insurance related topics that could benefit you, your employee's and your company.
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Consumer Directed Health Plan (CDHP)
What is a Consumer-Directed
Health Plan (CDHP)?
Core concept is to
increase consumer awareness about health
care costs and provide incentives for
consumers to consider costs when making
health care decisions.
Health plan with a high deductible accompanied by a
consumer-controlled savings account for health care.
High deductible health plan (HDHP) typically has deductible of
at least $1000 for single coverage, but can be much higher
Two primary types of health care savings accounts
Health Savings Accounts (HSAs)
Health Reimbursement Arrangements (HRAs)
Consumer Directed Health Plan (CDHP)