Tuesday, 13 December 2005
High-Deductibles As Health Care Deterrents?
People with traditional health plans are more likely to be happy with their coverage than those with consumer-directed health plans, a new study by Employee Benefits Research Institute reveals. In addition, those with consumer-directed plans (insurance that combines a high deductible plan with a savings account to be used for health expenses) are more likely to put off needed health care.
Here’s how it breaks down:
31% of people enrolled in consumer-directed plans spent 5% or more of their income on out of pocket medical bills and premiums, compared to 12% of people with traditional plans.
35% of people with consumer-directed plans have avoided or delayed health services, compared to 17% of those with traditional plans.
For a closer look at the study, visit the Kaiser Family Foundation online.
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