Research: Consumer-Driven Health Strategies on the Horizon
Healthcare costs have remained to escalate and every politician, entrepreneur and worker is attempting to find ways to cut costs.
The recent Purchasing Trends Study, launched by the National Association of Health Underwriters and ChapterHouse LLC, shows that almost 90 percent of insurance representatives and brokers forecast that the medical insurance market will look incredibly different within the next 5 to One Decade. They anticipate a shift away from standard strategies and a migration to consumer-driven health plans.
With open registration season upon us, customers have an opportunity to assess these consumer-driven plans and decide if these brand-new choices may be right for them. Past editions of this research have accurately predicted other health care changes, so these findings carry a large amount of weight among market leaders.
Consumer-driven health insurance, that include health compensation accounts and health cost savings accounts, are high-deductible medical plans that are combined with a cost savings account. Workers can make use of those funds to pay their health care expenses.
With lower premiums than traditional health insurance coverage strategies, consumer-driven health insurance allow consumers to pick exactly what sort of healthcare services they would love to receive, making them more active individuals in the decision-making procedure.
Nearly 30 percent of employers are planning to provide these consumer-driven health strategies, and workers will require to identify if they are ready to switch to this new method of approaching health care.
The study also exposed that there is very little wish for those waiting for nationalized health care. Just 3 percent of respondents felt that there was a likelihood of embracing a single-payer system and only 7 percent saw U.S. government mandates in America’s future.
While the future of health care is still unknown, the research study anticipates that America is headed toward private market efforts to assist solve this crisis.