Private Health Care Exchanges

It is expected that 20% of employees will be informed by their employer that they have a bank of funds available to select from up to 30 benefit options for health insurance, dental, vision, life and disability benefits. Respect that the main driver of this approach is to establish a budget amount for benefits that may or may not be increased based upon company performance, even as premium rates increase.

More and more employees will accept higher deductibles and out-of-pocket cost exposure over time under this model. The wise will take reasonable risk early and enroll in plans that allow for the buildup of Health Savings Account funds as a buffer in future years when the need for expensive care becomes a reality.