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Article: Stack market: employers now offer consumer-driven health care plans that feature 'hybrid' benefits.(Health/Employee Benefits: Stacked Health Plans)
- Article from:
- Best's Review
- Article date:
- May 1, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 A.M. Best Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* What's Up: New legislation gives employers more options in consumer-driven health care plans.
* What's Happening: Health benefits are being "stacked" together to create hybrids.
* What's Next: Plan advisers should help clients communicate these new benefits to workers.
Interest in consumer-driven health care has exploded in the past five years, thanks to favorable legislation and regulation, new products and services and the promise of slowing escalating health care costs.
Previously, employers, with the assistance of financial professionals, generally had to choose between health reimbursement arrangements, health savings accounts or health flexible ...