We previously discussed the executive summary of CIGNA’s 8th annual Choice Fund experience study, which reports outcomes from 2.6 million beneficiaries of CIGNA’s consumer-driven employer-based health plans (that is, plans which are paired with a Health Savings Account or Health Reimbursement Arrangement). CIGNA has just released a much more detailed presentation of the results.
The presentation clarifies that the improved outcomes control for health status. That is, they compare “apples to apples”, and the results are not due to healthier people choosing consumer-driven plans and sicker people staying in traditional plans. Newly shared outcomes include:
- Choice Fund customers increase their compliance with recommended care in the second year, even more than in the first year;
- They improve their health-risk status by six percent;
- Medical cost trend goes down 12 percent versus traditional plans;
- The improvement persists over time, up to $7.900 savings by fifth year;
- The improvement occurs in low-risk, medium-risk, and high-risk patients; and
- Because employers contribute to HSAs and HRAs, employees spend less money out of pocket than peers in traditional plans!