Tweet This

Consumer-Directed Health Plans

Plans that aim to increase consumer awareness and knowledge of healthcare costs with plan benefit design that encourages shopping around. These plans generally have a high deductible and include a health savings account (HSA) or health reimbursement account (HRA).

Actuarial Equivalent

A health benefit plan offering similar coverage to the standard benefit plan. The similar plan does not necessarily include the same premiums, cost sharing requirements…