There is a trend, while not novel, that offers a health savings account as one of the options in a cafeteria plan. This is a move away from, what has been considered ideal for so many years, the traditional co-pay, coinsurance, and annual deductible cafeteria selections with varying levels of coverage and employee premium deductions. The utilization of an employer, employee, or combination thereof, funded health reimbursement account (HRA) will help individuals begin to realize the true cost of medical care. My current organization is testing, for 2011; an employer funded HRA. One objective of this type of plan is to create a more informed consumer. Understanding the cost of health coverage can shift thinking and could result in more selective utilization. While it isn’t meant for illnesses to go untreated, we also offer a strong initiative toward wellness programs. Along with the healthcare reform legislation that preventive care is covered at 100%, this will also help ensure that employees are visiting physicians as part of an annual
There is a trend, while not novel, that offers a health savings account as one of the options in a cafeteria plan. This is a move away from, what has been considered ideal for so many years, the traditional co-pay, coinsurance, and annual deductible cafeteria selections with varying levels of coverage and employee premium deductions. The utilization of an employer, employee, or combination thereof, funded health reimbursement account (HRA) will help individuals begin to realize the true cost of medical care. My current organization is testing, for 2011; an employer funded HRA. One objective of this type of plan is to create a more informed consumer. Understanding the cost of health coverage can shift thinking and could result in more selective utilization. While it isn’t meant for illnesses to go untreated, we also offer a strong initiative toward wellness programs. Along with the healthcare reform legislation that preventive care is covered at 100%, this will also help ensure that employees are visiting physicians as part of an annual