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What is Growth of Consumer-Directed Health Care about?

Consumer-directed health care (CDHC) is a growing form of health coverage characterized by high-deductible plans combined with tax-advantaged savings accounts. CDHC shifts more costs onto consumers through higher deductibles aimed at incentivizing more prudent shopping and use of care. Studies show CDHC enrollment is growing rapidly at 3% of the commercial market and projected to reach 30 million enrollees in 10 years. Participants in CDHC plans appear to be slightly healthier and wealthier. Estimates sugge

Author

Glyness Liyangna

Language

EN