Business Problem Analysis in Consumer Driven Health Plans

With the ever increasing cost of healthcare, employers are constantly faced with the task of finding innovative ways of providing affordable health coverage for their employees. In 2004, a new concept in healthcare began to gain momentum. Consumer Driven Health Plans (CDHPs) also known as High Deductible Health Plans (HDHPs) began to spring up in companies as low-cost offerings to employees. The concept of these plans is to offer health coverage with a high deductible at an affordable premium rate for both employees and employers. …