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1. Employees' appreciation of your healthplan would increase if they knew...
Out-of-pocket maximum. A key goal of every healthplan is to help pay the enormous medical costs of catastrophic injuries or illnesses.
Unfortunately, most employees do not know that if they had $80,000 or even $800,000 in eligible network expenses in a year, they would not pay more than $3,000 to $5,000, depending on plan design. Yes, that’s a sizable expense. But most employees would probably say they’d pay $10,000 to $30,000. Just ask a few of them.
Your employees deserve to know how well they are protected by the 'out-of-pocket max'…what should be called 'your cost protection.'
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