More Employers Covering Maintenance Meds at 100%

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More employers are treating maintenance medications, like those treating cholesterol or blood pressure, as a preventative prescription which is eligible for 100% coverage in high deductible health plans.  Typically, these prescriptions would be subject to the individual or family deductible, and the consumer would pay the entire cost of the medications until the deductible is met.  However, IRS 223(c), exempts preventative health care and prescriptions from the deductible in a high deductible health plan.  This lack of clarity regarding the definition of a ...

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Consumer-driven health plans offer opportunities for employers, employees

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Consumer-driven health plans (CDHPs) continue to grow in popularity due to the opportunities they offer both employers and employees. According to America’s Health Insurance Plans (AHIP), CDHP enrollment rose to 17.4 million in 2014, an increase of 6 million since 2011.

Consumer-driven health plans can be distinguished from traditional health plans by their higher annual deductibles and the opportunity to invest in a Health Savings Account (HSA). Higher deductibles make members more mindful of the cost of their care, which promotes ...

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