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...good health care decisions.
But health insurers have different ideas about how to promote consumerism within their own ranks, with some demonstrating their commitment to consumerism by completely replacing traditional health insurance plans with consumer-driven plans, while others prefer to encourage, rather than mandate, their employees' participation in these plans.
Minnetonka, Minn.-based UnitedHealth Group Inc. last year became the first major U.S. insurer to replace its traditional plans with CDHPs, followed this year by CIGNA Corp. Both companies offer their employees two health reimbursement arrangements and a health savings account linked to a high-deductible health plan.
Prior to 2005, UnitedHealth offered an HRA plan as an option, but the insurer replaced its traditional plans with consumer-driven health plan options effective Jan. 1, 2005, in "a fairly dramatic commitment to consumerism,'' said Meredith Baratz, vp-market solutions, for Definity Health, a unit of UnitedHealth. "We sought to preserve the element...
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