Health Plan Changes Put Added Pressure on Retirement Savings
Financial Finesse recently conducted a survey to find out where employers stood on benefits planning. It found that for 2016, two-thirds of employers are likely to offer a consumer-driven health plan. Thirty percent of employers surveyed said they plan to only offer a high-deductible health care option next year. As a result, a lot of employees are struggling with day-to-day cash flow so it is hard for them to now be totally responsible for making all of their health care decisions and retirement planning decisions.
How Much Will My Health Care Really Cost? Now, You Can Find Out
Have you ever tried to find out what a health care service will cost before you get it? How much will you have to pay for an MRI, a mammogram, or a colonoscopy? Good luck. The Government Accountability Office recently described the striking lack of price transparency that baffles many American patients. Wouldn’t it be nice if you could see the price of a health care service beforehand so you could shop around for the best deal - as you can for a car or a TV? Well, for some services, now you can.
How Is the Doctor-Patient Relationship Changing? It’s Going Electronic.
Once you took medical questions directly to your doctor, who advised, tested and treated you. Today, not only are we turning to the Internet for everyday medical information, we’re also generating our own health data: using a smartphone, for example, to investigate a child’s ear pain or monitor blood pressure. Some of us can make video visits with doctors, who can offer diagnoses and treatment plans via computer or smartphone. With all these advances, a traditional paternalism in medicine is changing, too.
Addressing the diabetes crisis in the U.S. has become a major focus of health care reform and those dedicated to combatting the cost of the disease. Yet a study of employees who have health coverage through a company plan finds that less than one in five know what their blood sugar level is. Healthmine surveyed 561 plan members, asking them what they knew about key biometric measurements. The results revealed a shocking lack of knowledge about metrics frequently related to chronic disorders, the costliest disease segment.
AskMrHSA.com predicts that most 2016 contribution limits and high deductible health plan requirements for HSAs will rise. A printable chart with all estimated 2014-2016 figures is available at AskMrHSA.com.