Designing a comprehensive employee benefits plan today can be like assembling a jigsaw puzzle. Though traditional health insurance products provide the major pieces, discount benefit plans can be a cost-effective way to complete the picture.
The past few years have seen steady growth for these plans, which historically have been defined more by what they are not than by what they are.
"I think most people who participate in health care discount plans know they are not insurance, but the challenge is to communicate what they actually are," says Allen Erenbaum, president of Consumer Health Alliance, a national trade association in Dallas. "This is not because they are complicated, but because many people are not familiar with the concept. The plans are extremely simple."
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.