The defined-contribution plan: the next generation of healthcare financing.
In response to rising health insurance premiums, many purchasers of coverage are evaluating the possibility of implementing defined-contribution health insurance plans. Under a defined-contribution plan, employers or the government pay a specified portion of the premium, and the consumer chooses a plan from a menu of options, paying the balance of the premium based on their plan selection. A shift to a defined-contribution model will have far-reaching implications for consumers, employer and government purchasers, payers, and providers. Providers will face changes in consumption patterns and the need to develop a brand image, market their strengths directly to consumers, educate consumers about their services and pricing, and reconfigure infrastructures to be able to respond efficiently to consumer demands.
Duke Scholars
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Related Subject Headings
- United States
- Product Line Management
- Marketing of Health Services
- Insurance, Health
- Humans
- Health Benefit Plans, Employee
- Financing, Personal
- Financing, Government
- Fees and Charges
- Decision Making
Citation
Published In
ISSN
Publication Date
Volume
Issue
Start / End Page
Related Subject Headings
- United States
- Product Line Management
- Marketing of Health Services
- Insurance, Health
- Humans
- Health Benefit Plans, Employee
- Financing, Personal
- Financing, Government
- Fees and Charges
- Decision Making