According to the Employee Benefit Research Institute, in 2014 high-deductible plans covered about 26 million people, or 14% of the privately insured population. A new report from the organization gives details on enrollee characteristics. (EBRI Report) Men and women were equally likely to be high-deductible plan members and their proportion in that form of coverage was identical to that in more traditional forms of insurance. People enrolled in high-deductible plans are less likely than those in traditional coverage to be between the ages of 21 and 34 and more likely to be between 45 and 54. This age distribution has held steady for several years. A higher percent are non-Hispanic whites than in other forms of insurance. CDHP members are more likely to be in high-income households, those with over $100,000 in annual income. People with incomes under $30,000 are more likely to have traditional coverage. Enrollees in high-deductible plans were twice as likely as those in other plan types to have college or postgraduate education. CDHP-covered persons were also more likely to report being in very good or excellent health. In earlier years, CDHP coverage was more likely to be available from a small employer, those with between 2 and 49 workers. In recent years, however, that gap has disappeared. One interpretation of this data is that more highly-educated, likely professional workers, are more likely to be at a firm that offers CDHP coverage, and because they may often be in better health, may be more willing to enroll in such coverage. Lower income, less educated employees may be more likely to be in union or manufacturing jobs where traditional coverage is still widely available, and they may feel more comfortable with those forms of insurance.
✅ Subscribe via Email
About this Blog
Healthy Skeptic Podcast
Research
MedPAC 2019 Report to Congress
June 18, 2019
Headlines
Tags
Access
ACO
Care Management
Chronic Disease
Comparative Effectiveness
Consumer Directed Health
Consumers
Devices
Disease Management
Drugs
EHRs
Elder Care
End-of-Life Care
FDA
Financings
Genomics
Government
Health Care Costs
Health Care Quality
Health Care Reform
Health Insurance
Health Insurance Exchange
HIT
HomeCare
Hospital
Hospital Readmissions
Legislation
M&A
Malpractice
Meaningful Use
Medicaid
Medical Care
Medicare
Medicare Advantage
Mobile
Pay For Performance
Pharmaceutical
Physicians
Providers
Regulation
Repealing Reform
Telehealth
Telemedicine
Wellness and Prevention
Workplace
Related Posts
Commentary
October 4, 2023
Electric Cars for Everyone, so Rich People Can Get Richer
Everything about electric cars is expensive, including insurance, but rich people get richer from them.
Commentary
October 3, 2023
Minnesota’s Modeling Nightmare
Minnesota finally wants to figure out how epidemic modeling was so bad, but the Strib…
Commentary
October 3, 2023
Reality Intrudes Again on the Renewable Energy Delusion
Solar and wind power are the most expensive forms of electricity and the cost of…