Health Care Cost Sharing: Spousal Coverage Options is brought to you by Lorman
Understand the pros and cons of a spousal surcharge or carve-out and prepare for successful implementation of any changes.
Many employers are facing significant health plan cost increases again this year, even after taking cost-management initiatives into account. Some are changing their approach to spousal coverage in an effort to manage costs. This topic will discuss health plan spousal surcharges and spousal carve-outs and the differences between them. The material will review the pros and cons of each approach, address potential legal issues, and identify the health plan features, cost-sharing structures, and population demographics of plans that realize cost savings with a spousal surcharge or carve-out. Proper implementation of any benefit change is key to its success. This information is critical for employers considering changes to spousal coverage so they can determine whether their organization may benefit from a spousal surcharge or carve out and prepare for successful implementation of any changes.