A key way to control health benefit costs is to review plans that offer high-performance networks. Insurers are designing plans with select networks of high-quality doctors and hospitals. These networks promote better care and reduce costs.
You may be looking at plans that have a broad network of hospitals and doctors to increase your employees’ choices and to reduce disruptions.
But, did you know?
Recent research shows that, when employees pick their own health benefits, up to 80% are willing to trade broad choices for lower out-of-pocket costs.
And, high-performance network plans may cost 35% less than broad-network plans.