The cost of employer-sponsored health plans that incorporate a personal account may be rising about as fast as the cost of other types of plans.
United Benefit Advisors, Indianapolis, a group for independent benefits firms, has published that finding in a summary of results from a survey of 10,744 U.S. employers that sponsor about 16,421 health plans.
Health account plans now account for 23% of the plans the employers offer and about 17% of the employees in the plans, UBA reports.
Health maintenance organizations (HMO), in contrast, now enroll only about 12% of the covered employees.
But the average cost increase for all health account plan renewals was 8%, and just slightly below the 8.2% average for all plans, UBA says.
Health account plans typically come with a health savings account or a health reimbursement arrangement (HSA).
The average employer HRA contribution increased to $1,656 this year, from $1,481 in 2010.
Other UBA survey findings:
Preferred provider organization plans now dominate the market; they cover about 64% of all employees in the participating employers’ health plans.
The average employee contribution for all types of plans with employee contributions is $117 for single enrollees and $467 for families.
Because of the Patient Protection and Affordable Care Act of 2010 (PPACA), about 81% of the employers’ plans now offer an unlimited lifetime maximum benefit, up from 16% in 2010.
- Allison Bell