Monday, May 19, 2014

Average Deductibles in Obamacare Plans

All of you HR practitioners out there should stop and ponder for a moment how your employees would respond if you rolled out these plans in your workplace:
  • Average individual deductible: $4,164
  • Average family deductible: $7,771
  • 1/3 of sign-ups opted for Health Savings Account compatible plans
Employer sponsored plans average about a fifth of this.  

If you think folks are screaming now over their discontent with the quality of the Exchange plans, just wait until they actually have to try and come up with these deductibles.