Consumer Driven Healthcare: The Short Term Disability Perspective
As employers venture into the uncharted waters of consumerism, they face many uncertainties and unanswered questions. Will employees weather the transition? What if they make poor decision? If they have a significant healthcare event, who can help them get back on the right track?
Rising healthcare costs are the primary fuel for this new consumerism movement. Many employers will transition to consumerism, not for its design, but because rising healthcare costs are at a breaking point. With that transition comes uncertainty. The employee benefits industry as a whole will be monitoring the consumer-driven health landscape to understand its dynamics and identify workable solutions.
One possible solution may be found in an unlikely place. A company's short term disability plan. To learn more about how employers can effectively help their employees manage the costs, risks and responsibilities associated with a transition to a consumer driven health plan contact Renee Sigmund.