Kimberly Lankford: 5 Ways Your Health Insurance Plan May Change in 2016

1. Higher premiums - Large employers expect their health care costs to increase by about 5% for 2016 – the same size increase they expected in 2014 and 2015
2. More high-deductible health plans - 83% of large employers plan to offer a consumer-directed health insurance plan in 2016
3. Restrictions on expensive drugs - Employers identified the cost of specialty drugs as one of the major causes for health care cost increases
4. New telemedicine options - Nearly three-quarters of the employers will offer telemedicine, which provides virtual visits with a doctor, as an option
5. Cash for wellness programs - Employers continue to focus on plans to improve your health, which they hope will ultimately help lower their medical expenses

Source: Kiplinger
Source URL: http://www.kiplinger.com/article/insurance/T027-C001-S003-wa...