Tuesday, October 13, 2015

5 Ways Your Health Insurance Plan May Change in 2016


1.    Higher premiums - Large employers expect their health care costs to increase by about 5% for 2016 – the same size increase they expected in 2014 and 2015

2.    More high-deductible health plans - 83% of large employers plan to offer a consumer-directed health insurance plan in 2016

3.    Restrictions on expensive drugs - Employers identified the cost of specialty drugs as one of the major causes for health care cost increases

4.    New telemedicine options - Nearly three-quarters of the employers will offer telemedicine, which provides virtual visits with a doctor, as an option

5.    Cash for wellness programs - Employers continue to focus on plans to improve your health, which they hope will ultimately help lower their medical expenses

Source: Kiplinger

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