The problem with high-deductible health plans

By Jared Bilski

With the bulk of employers turning to high-deductible health plans (HDHPs) and banking on employees becoming better overall consumers, the findings in this report can be very disheartening for HR pros.

According to a recent study by the American Institutes for Research (AIR), 42% of individuals are “not likely” or just “somewhat likely” to review a healthcare plan’s details before signing up for coverage. What’s worse, only 20% of health plan participants could correctly calculate how much they owe for a routine doctor’s visit, the AIR study found.

Click here to continue reading.