With the ever increasing cost of healthcare, employers are constantly faced with the task of finding innovative ways of providing affordable health coverage for their employees. In 2004, a new concept in healthcare began to gain momentum. Consumer Driven Health Plans (CDHPs) also known as High Deductible Health Plans (HDHPs) began to spring up in companies as low-cost offerings to employees. The concept of these plans is to offer health coverage with a high deductible at an affordable premium rate for both employees and employers. …
