As you review your health plan options, make sure you are looking to the future as well as today. Next year, you will need to make a change again and you'll need the features of an independent consumer-driven plan to enable you to make those changes without disrupting your workforce.
Here are the reasons you should choose an independent provider for the consumer-driven portion of your health plan:
By choosing an independent provider, you reduce the amount of change your employees will need to adapt to in the future as you change carriers or networks. Keeping their front-line health benefit resource the same allows for you to create a sense of stability in your workforce in regards to their health care benefit.
Another benefit of utilizing an independent provider for the administration of your health accounts is flexibility. When accounts are integrated into your insurance plan, you lose the flexibility you need to modify and adjust your plan in the future as you continue to develop options to contain your costs and engage your employees in their health care.
Properly designed consumer-driven health care plans inform, motivate and engage consumers in the health care process through an Activation program. Studies show consumers (employees) do not trust or rely on information provided to them by their insurance carrier or their employer regarding their health plan; therefore, an independent provider of information and account administrative services should be sought.
Andy Malinoski is Vice President of Marketing and Communications for Vested Health. Joining Vested Health in January 2006, Malinoski is an advocate for consumer-driven plans based on real life experience with health care benefits professionally as an employer and personally as a father of three children. Andy oversees the account management, media relations and educational material development key to providing consumers information about how their health plan works and the benefits available to them through their Vested Health plan.