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Discount plans’ growing popularity

Stuck with higher major medical premiums and prices, employers cant always afford to offer dental, vision, and other accessory coverage. Discount plans offer an option thats good for clients and brokers alike.

By Ingrid Case | Updated on June 03, 2013

Until 2011, the church offered its employees a standard benefits package, including major medical coverage with a modest deductible, life insurance, and optional group dental and vision coverage. But it wasn’t cheap. The church’s last annual premium increase, Neil says, was a little more than 50 percent of the previous year’s premium. “That plan was just cost prohibitive,” she says.

To save money, the church’s broker moved them to a major medical plan with a higher deductible, plus a discount plan.

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