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Despite an increase in prevalence, Aon Hewitt’s survey found that enrollment in CDHPs lags behind PPO and point of service (POS) plans. The average enrollment in a PPO plan was 69% in 2011 and average enrollment in a POS plan was 49%. Forty-three percent enrolled in a high-deductible CDHP with an HRA and 28% enrolled in a high-deductible CDHP with an HSA. To encourage employees to enroll in CDHPs, employers are using a variety of tactics, including subsidizing premiums at a higher level than other plan options (36%), covering preventive medications before the deductible (34%) and contributing employer funds to the HSA (30%) and HRA (22%). A growing number of employers are also considering using voluntary/elective benefits to supplement these plans, such as critical illness, hospital indemnity and accident insurance policies. Of those currently using this tactic, more than one-quarter (26%) can attribute a significant-to-moderate increase in CDHP enrollment due to the availability of voluntary or supplemental medical benefits. While just 6% of employers use voluntary/elective benefits today to complement the CDHP and encourage enrollment, 42% report they are considering this approach in the next few years, according to the survey.
Despite an increase in prevalence, Aon Hewitt’s survey found that enrollment in CDHPs lags behind PPO and point of service (POS) plans. The average enrollment in a PPO plan was 69% in 2011 and average enrollment in a POS plan was 49%. Forty-three percent enrolled in a high-deductible CDHP with an HRA and 28% enrolled in a high-deductible CDHP with an HSA.
To encourage employees to enroll in CDHPs, employers are using a variety of tactics, including subsidizing premiums at a higher level than other plan options (36%), covering preventive medications before the deductible (34%) and contributing employer funds to the HSA (30%) and HRA (22%).
A growing number of employers are also considering using voluntary/elective benefits to supplement these plans, such as critical illness, hospital indemnity and accident insurance policies. Of those currently using this tactic, more than one-quarter (26%) can attribute a significant-to-moderate increase in CDHP enrollment due to the availability of voluntary or supplemental medical benefits.
Rebecca Mooreeditors@plansponsor.com