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4 HDHP trends you don't want to miss

WEX Inc.

PPO deductible Nearly two-thirds of large employers provide their employees with the choice of an HDHP and a traditional health plan , such as a preferred provider organization (PPO). Typically, an employee enrolled in a PPO will have higher premiums and a lower deductible than an employee enrolled in an HDHP.

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From deductibles to wellness: Why benefits options matter

WEX Inc.

Smaller employers may face challenges in providing these options, although participants have said they are interested in these health plan choices. More dental and vision Among employers with benefits administration through WEX , 68% of eligible employees enrolled in vision and 77% of eligible employees enrolled in dental.

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HDHPs can cover more preventive services

Business Management Daily

To temper an HDHP’s bite, they can be paired with health savings accounts. Advantage: Employees can contribute more on a pretax basis than they can put into flexible spending accounts. 2020 adjustments for group health plans set. Employees with HDHPs more engaged in their care.

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Executive benefit reimbursement plans

Higginbotham

If an employee or a member of the employee’s family experiences a medical emergency, the costs can add up quickly. A health reimbursement plan gives employers a way to cover these costs. HRAs may sound like Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs), but there are key differences.