Study finds trade-offs for health plans with big deductibles
People in high-deductible health plans generate fewer medical bills overall, a new report finds, but they wind up paying more out-of-pocket than those in traditional health plans.
Neither finding is surprising, study authors said, but they show employers and workers the consequences of selecting plans with big deductibles that are becoming more commonplace.
High-deductible plans come with lower premiums for workers. But the study shows enrollees should expect to spend more on the back end should they use care, said Amanda Frost, a researcher with the Health Care Cost Institute, the insurance-industry backed nonprofit that conducted the analysis.