Consumer Driven Health Plans (CDHP) are plans that allow members to use medical payment accounts to pay routine healthcare expenses directly. Employers protect their employees from catastrophic medical expenses by pairing these accounts with high-deductible health plan designs, costing the employer less and allowing the employee to pay for medical claims using their prefunded spending account. 90 Degree Benefits offers a number of CDHP types for employers to choose from.
An HSA allows plan members to pay for employer-provided health coverage and other insurance premiums with tax-free dollars. Both the employer and the employee can make contributions, depending on plan design. HSAs also remain with the employee even if they change jobs or leave the current health plan and can be used for any qualified medical expenses.
Both employers and employees can contribute to a FSA, tax-free, through regular payroll deductions and employees can be reimbursed directly from their account for qualified healthcare services.
Like an FSA, this account reimburses members for medical, dental and vision expenses that are not immediately covered by insurance. Employees do not have to pay taxes on money received from an HRA, however, the employer is the sole contributor and controls both what medical expenses are covered and when the account funds can be used.
This account reimburses members for daycare expenses for eligible children and adults. Through regular payroll deductions, members set aside a portion of each paycheck to pay for adult and child daycare centers, preschool and before or after school care on a tax-free basis.
An increasing number of employers are incorporating virtual care solutions into their health plan design in order to reduce healthcare claims, increase efficiencies and provide timely, quality care.
The 90 Degree Benefits telemedicine offering addresses a broad spectrum of virtual care services from non-urgent needs like the flu and bronchitis to behavioral health and more complex medical conditions.
Our telemedicine solution is NCQA-certified, has a 92% first-call resolution rate, and provides access to 50,000+ world-renowned doctors.
Studies show that 27% of emergency room visits could be replaced with telemedicine.1 Telemedicine allows employers to control healthcare costs while improving outcomes by providing timely access to quality care.
1NATIONAL CENTER FOR BIOTECHNOLOGY INFORMATION