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GBS Employs a "Vanishing Deductible" Strategy to Lower Cost

GBS has created a unique, exclusive program called Reimbursable Deductible Allowance (RDA) that accumulates unused claims dollars toward a deductible bucket. Every year members don't use the plan, half the RDA rolls over to the next year - this means that eventually the deductible could vanish altogether!

The best part – members still have access to important preventive care and exclusive GBS Preferential Plan Benefits covered 100% through their GBS medical plan. 

Studies have shown that families in consumer-directed health plans spend an average of 21% less on healthcare than similar families in traditional plans(1).

The downfall is that many members in these plans utilize significantly fewer critical care services that actually improve outcomes and lower health costs in the long run. RDA is a unique program that puts a new spin on the “skin in the game” concept of consumer-directed healthcare.

RDA gets members more involved in their healthcare without generating reluctance among members to use the Plan at all, like other consumer-directed plans do.  

GBS provides continuous education about preventive care and Preferential Plan Benefits, including information and resources to assist members with accessing these benefits.

We promote cost-conscious behavior among members without diminishing their use of essential high-value care.

To learn more about the options GBS can provide for your employee benefits,
request a proposal or watch this short video.

(1) Employee Benefit Research InstituteSkin in the Game: How Consumer-Directed Plans Affect the Cost and Use of Health Care

Posted 9:00 AM  View Comments

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