NU Online News Service, Sept. 25, 10:35 a.m. – Rohm and Haas Company, Minneapolis, a large specialty chemicals manufacturer, has agreed to offer defined-contribution health coverage from Definity Health Inc., Minneapolis, to its 9,000 employees starting Jan. 1, 2003.
Defined-contribution health plans provide a combination of high-deductible health insurance and cash contributions to personal health reimbursement accounts that participants can use to pay for routine medical care.