Most companies started looking several years ago at various ACA implications, the rising costs of their group health plans and how to avoid the ever-impending Cadillac Tax. Many employers chose to implement CDHPs in hopes of addressing all three of these factors. Interest in the plans has grown and helped keep health care costs down. Growth in account-based plans, such as health savings accounts and health reimbursement accounts, are where employers saw real savings.
Should I Choose a High- or Low-Deductible Health Plan?
If you’re deciding between a low- and a high-deductible health plan, there are more costs to consider than deductibles and monthly premiums. Whether you choose a plan with a low or high deductible, don’t do so at the expense of your health. Here’s what you should consider when choosing between a low- and high-deductible health plan.
Retirement savings needed for people with cancer, cardiovascular disease, Type 2 diabetes or other such health issues vary considerably from savings needed for the general population. That is why it is key for those running a retirement health care cost analysis to understand exactly what their predictions account for—and what they do not.
Most U.S. Adults Lead Unhealthy Lifestyle, Study Says
More than 97 percent of adults miss the mark on four basic characteristics researchers consider part of a healthy lifestyle, according to a new study. Researchers at Oregon State University found two-thirds of adults in the United States participate in one or two of the lifestyle behaviors, but very few had all four of the characteristics. The four characteristics -- a good diet, moderate exercise, healthy BMI and not smoking -- are considered tenets of basic health, but the researchers said they were surprised so few people had more than one or two.