In its inaugural “State of Employee Benefits 2016” report, Benefitfocus found companies are altering their healthcare plan design to shift greater financial responsibility to employees via voluntary benefits, driving the need for a different approach to healthcare consumption. These benefits can be powerful tools in helping cover the costs associated with consumer-driven health care, says the company.
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This report is a “snapshot” of anonymous behavioral benefit selection data, from more than 700,000 people at 500 large employers, which has identified a trend in healthcare plan design, according to a press release. While 52% of large employers on its Benefitfocus Platform® now offer high-deductible health plans (HDHPs), employees are not taking advantage of this, especially Millennial workers, 18 to 34 years old.