August 18th, 2008
62.7% of US employees choose PPO plan for their medical insurance
Consumer Driven Health Plans, or CDHPs, increased by 43% from 2007, and now comprise nearly 13% of all plans offered by employers. The%age of employees enrolled in these plans nearly doubled, from six% in 2007 to 11.2% 2008. While preferred provider organizations (PPOs) continue to dominate the market, representing 54% of plans offered by employers and nearly two-thirds (62.7%) of employees enrolled, health maintenance organization (HMO) participation continues to slip, and now represents just 21.3% of plans offered, with only 13.3% of employees enrolled, United Benefits Advisors reported.
