The open enrollment process can be confusing, and oftentimes employees select the lowest cost plan with the highest deductible thinking they’re going to save money on their health benefits. A study put out by the Journal of the American Medical Association suggests otherwise. In fact, the report states that despite the rise in HDHPs, most Americans aren’t really saving at all. This begs the question: Do employees really understand their health plans? As research suggests, a vast number of employees don’t.
Download this white paper and learn how to help employees choose health insurance with decision support tools.
Key takeaways include:
How to help your employees choose health plans with confidence through decision support tools
How to improve employee satisfaction by providing comprehensive education at each stage of the benefits enrollment process through plan comparisons and easy-to-use online selection capabilities that avoid human error
How to identify cost-savings opportunity through your benefits administration platform's analytics features by analyzing post-enrollment data such as de-identified claims data
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