Consumer-Directed Health Plans Show Cost Savings
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This is the third year that
The study tracked more than 316,000 individual
The study found CDHP members increasingly use generic prescriptions. This increase demonstrates real behavior change through actual changes in member utilization. Consumer-directed plans, which typically feature a higher deductible, are designed to give consumers a more active role in selecting and using health care services.
The CDHP program, BlueEdgeTM, is offered through
The study found that after switching from a traditional plan to
- Medical expenses – decreased by 11.8 percent
- Overall spending, combined medical and pharmacy costs – decreased by 10.5 percent
- Inpatient care costs – decreased by 23.5 percent
- Outpatient care costs – decreased by 5.1 percent
- Professional services costs – decreased by 14.0 percent
"Our BlueEdge CDHP program continues to provide members with opportunities to lower costs and get more out of their benefits year after year. The resources and flexibility provided under the BlueEdge CDHP help engage our members so they have the necessary tools to continue to make positive, informed decisions that will lead to sustainable behavior change and even lower medical costs," said
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