With the ever increasing cost of healthcare, employers are constantly faced with the task of finding innovative ways of providing affordable health coverage for their employees. In 2004, a new concept in healthcare began to gain momentum. Consumer Driven Health Plans (CDHPs) also known as High Deductible Health Plans (HDHPs) began to spring up in companies as low-cost offerings to employees. The concept of these plans is to offer health coverage with a high deductible at …
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showed last 75 words of 778 total
…Huff, C. (2005, September). Smart Shopping: Maximizing Employee Health Dollars. Workforce Management Online. Retrieved June 17, 2006, from http://www.workforce.com/archive/feature/24/15/09/index.php?ht= McKinsey & Company. (2006, June). Consumer-Directed Health Plan Report - Early Evidence Is Promising. Retrieved June 17, 2006, from http://www.mckinsey.com/clientservice/payorprovider/Health_Plan_Report.pdf#search='ConsumerDirected%20Health%20Plan%20Report%E2%80%94Early%20Evidence%20Is%20Promising%2C%20June%202005' Wikipedia. (2006). Retrieved June 17, 2006 from http://en.wikipedia.org/wiki/McKinsey_%26_Company