Since the “birth” of so called Consumer Driven Health Plans (CDHP) in the mid 90’s, opponents have argued that CDHP’s merely shift health care related costs from employer to employee. This is simply not the case, and health insurer/administrator Cigna’s eighth annual “Choice Fund Experience Study” offers quite the opposing view, buttressed by empirically derived facts. Over the course of CDH’s evolution, I have learned a great deal from many of the pioneers and trailblazers of CDH, including the “father of HSAs” (John Goodman), “Mr. HSA” (Roy Ramthun), and the “Godmother of CDH” (Regina Herzlinger). And studies like Cigna’s provide sound data and efficacy to once again advance the fact that CDH LOWERS HEATH CARE COSTS without sacrificing care or coverage!
The study compares actual claims experience from 3.6 million Cigna customers enrolled in CDH, traditional PPO, and HMO health plans. To access a summary of findings, click here – http://newsroom.cigna.com/images/9022/874630_ExecutiveSummary_FINAL.pdf
Here are some interesting, if not compelling highlights…
As Dr. Regina Herzlinger (aka the Godmother of CDH) has said, CDH consists of “3 C’s” – Cash…Care…and Coverage. And when these 3 C’s are properly aligned, it presents a win/win/win scenario for patient/provider/payer. I am both proud and excited to share these findings with readers and stakeholders, and pledge to continue to speak, write, and advocate on the topic of CONSUMERISM in HEALTH CARE!