Regence consumer-directed health (CDH) programs
Their health dollars, their control
A CDH program gives your employees control over how they choose to spend and save for health care. They feature a savings vehicle for accumulating funds pre-tax that can be used for health care expenses. With some programs both you and your employee contribute to the fund; with others, only one of you contributes.
Employees can use them to offset a high deductible, pay for care that's not covered by the health plan or pay their share of coinsurance. With some programs they can even save the money for future medical expenses, all while earning interest.
Benefits beyond better health
There are many reasons to consider a CDH program. What makes it a smart choice for your employees and your business?
- CDH programs can save you money. When you offer the HSA option, you're pairing a high-deductible health plan with an employee-directed savings vehicle. The lower-cost plan saves you money, while the savings account gives your employees a tax-advantaged way to offset the cost of pre-deductible care. Because these programs also encourage your employees to make health improvements, your ongoing costs to provide the programs often rise slower than a traditional health plan.
- CDH programs can support productivity. Many CDH programs reward your employees' healthy lifestyle choices with financial savings. They're able to watch their savings build. Their healthy choices often result in fewer missed work days due to illness.
- CDH programs foster meaningful relationships. With a CDH program, employers and employees become partners in better health. The programs promote smart spending while encouraging employees to seek value and develop a greater understanding of the mechanics of their health benefits.
Partners for better health
To promote our full spectrum of consumer-directed health programs, Regence has partnered with HealthEquity™. Together, we provide the support, education and resources your employees need to maximize savings and wellness.
