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The Pros and Cons of Consumer-Driven Healthcare

WebThe intention of consumer-driven health care was to encourage employees to shop around for cost-efficient care, but few employees actually possessed access to …

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URL: https://www.griffinbenefits.com/blog/consumer-driven-healthcare-cdhc-cdhp

What are Consumer Driven Health Plans (CDHPs)

WebFor qualified large employers, an increasingly common solution is to offer consumer driven health plans (CDHPs), which are better known as high deductible …

Category:  Health Go Health

Crucial Employee Benefits Trends [2020 Employee Benefits …

WebAverage Percent Employee Contribution. Employees, on average, contributed 32% toward the total plan costs in 2020. Comparatively, employees …

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Cut the Cost of Employee Benefits Without Compromising …

Webby David Rook on Nov 21, 2017. Every employer is looking to cut employee benefits costs, but it can be difficult to do so without compromising employee satisfaction. Employers …

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Leaves of Absence: Do Employers Need to Provide Health …

WebFor leaves of absence lasting less than 31 days, premiums must be paid as normal. The employer and employee are each required to pay their share of the …

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What Are The Differences Between Group & Individual Health …

WebThere are two main differences between group health insurance and individual health insurance. The first is that group plan premiums are subsidized by an …

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Understanding FMLA Leave for Mental Health Conditions

WebThe FMLA provides job-protected leave for eligible employees of covered employers for their own or a family member’s serious health condition. To be eligible, an …

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A Brief History of Employer-Sponsored Healthcare [From the …

WebBy the late 60's and early 70's, it was becoming increasingly clear that healthcare reform was in order. In 1971, Senator Edward Kennedy proposed a single …

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What's the Difference Between Telemedicine, Telehealth, and …

WebUnlike telemedicine, telehealth includes remote non-clinical services, such as provider training, administrative meetings, and continuing medical education. Net, while …

Category:  Medical,  Medicine Go Health

10 Most Commonly Offered Employee Benefits

Web3. Dental Insurance. Dental insurance is another common employee benefit, though not as common as health insurance. The good news here is that dental is far …

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8 Ways Employers and Employees Can Save On Prescription …

WebWith over half of today's workforce enrolled in high-deductible health plans (51%), a majority of insured individuals are now on the hook for deductibles of at least …

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How Does Healthcare in Europe Work

WebOne of the major similarities across healthcare systems in Europe is that all citizens are included. Even in partially privatized systems, an individual mandate is in …

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The History of Medicine and Organized Healthcare in America

WebIn these early days, there was virtually no government regulation or attention paid to public health. The first medical society was formed in Boston in 1735. Fifteen …

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Containing Employee Benefit Costs: Value-Based Insurance Design …

WebValue-based insurance design is a cost containment strategy being adopted and tested by some employers. This plan structure is different from traditional health …

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Healthcare vs. Health Insurance: Why the Difference Matters

WebHealth insurance is defined as “insurance that compensates the insured for expenses or loss incurred for medical reasons, as through illness or hospitalization.”. …

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HRA vs. HSA: Which is Better

WebSome labs are less expensive than others, as is the case with some surgery centers. Easier/Cheaper to Administer: HSA administrative fees are lower than those of …

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2022 IRS HSA, FSA and 401(k) Limits [A Complete Guide]

WebHealth Care FSA Limits Increase for 2022. Employees can deposit an incremental $100 into their health care FSAs in 2022. And if an employer's plan allows …

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What Is Self-Funded Insurance And Is It Right For My Small …

WebSelf-funded health insurance is a form of employer-sponsored healthcare that doesn’t use traditional insurance carriers as a conduit for medical care. Instead, …

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What is a Limited Purpose FSA

WebA limited purpose FSA specifically covers vision and dental expenses that may or may not be already covered by a HDHP. But since limited purpose FSA savings …

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