| Blog

Top 10 Defined Contribution Healthcare Articles of 2013

Written by: PeopleKeep Team
December 6, 2013 at 8:00 AM

Defined contribution healthcare is arguably the emerging health benefits trend of the year -- and unarguably one of the most talked about. If you're a regular reader you know we write about defined contribution healthcare a lot. What have been the most insightful, helpful, controversial, and buzz-worthy articles on defined contribution healthcare this year? We've compiled a list of our top 10 defined contribution healthcare articles in 2013. Top-10-Defined-Contribution-Articles

These ten articles represent our most read, most commented on, and most shared articles on defined contribution healthcare this year. What's on your list?

4 ObamaCare Changes that Make Defined Contribution Irresistible

ObamaCare. Love it or hate it, one thing is true... the landscape of employer-sponsored health insurance is changing. Many of the Affordable Care Act ("ObamaCare") provisions strongly favor the individual health insurance market, making defined contribution health plans the ideal health insurance solution for most (if not all) US employers. How? Why? To understand, there are four key ObamaCare changes happening January 1, 2014 that make the shift from defined benefits (group health insurance) to pure defined contribution simply... irresistible.

Walgreens Switches to Defined Contribution & Private Exchange Model

Walgreens has joined the ranks of thousands of businesses small and large, by announcing it will move to a Defined Contribution model for employee health benefits in 2014. Through the plan, Walgreens will allocate a fixed dollar amount for employees to purchase health insurance through a private health exchange. Employees will have a health insurance menu of 25 plans to choose from.

Pure Defined Contribution vs. SHOP Exchange - Which is Better?

With health care reform right around the corner, many small businesses and their brokers are strategizing about the best health benefits solution for 2014. Here's a look at two common small business health insurance approaches: pure defined contribution and group health insurance through the new SHOP exchanges. This article explains how each approach will work in 2014, and compares the two options side-by-side.

15 Signs You've Freed Yourself From Group Health Insurance

How do you know you've officially freed yourself from group health insurance? This article looks at 15 lighthearted ways your business changes after implementing pure defined contribution healthcare.

How to Pair Defined Contribution with Health Insurance Subsidies for Cost Savings

Many small employers are using a pure defined contribution health plan approach paired with individual health insurance, and the new health insurance subsidies, to create affordable health benefits that employees love.

3 Compelling Studies on Defined Contribution Plans

For many employers, traditional group health benefits and their costs are unsustainable. Why? Because, since 1999, group health benefits costs have risen at a rate of four times wages. As a result, many employers are now considering a switch to defined contribution health plans. Here are 3 studies that forecast the mass adoption of defined contribution plans in the coming years.

Defined Contribution Health Plans "For Dummies"

Many experts agree that defined contribution health plans will replace traditional employer-sponsored group health insurance. For example, Economist Peter Orszag, the former Director of the Office of Management and Budget, wrote that the shift to defined contribution health plans would gradually take over the health insurance market over the next decade. As defined contribution quickly picks up speed, here is a briefing of the defined contribution health plan approach.

Why Use Defined Contribution Software?

This "nuts and bolts" article addresses two main reasons businesses use Defined Contribution Software to administer their defined contribution plan: 1) Time savings/ease of use, and 2) Tax-savings/compliance. This article also answers FAQs about defined contribution administration and software.

What is a "Pure" Defined Contribution Health Plan?

The term "defined contribution health plan" has become a buzzword in the industry, and doesn't always mean the same type of healthcare benefit. This article provides a definition of a pure defined contribution health plan.

5 Reasons Employees Love Defined Contribution

Recruiting and retaining key employees is important to every company, and a health benefits program is a key part of the compensation offered to employees. Defined contribution healthcare fits this bill. In addition to being a cost-effective and flexible solution for small businesses, here are the top 5 reasons why employees love defined contribution health plans too.

What topics around defined contribution healthcare should we cover in 2014? Leave a comment below with your questions or suggestions.

Topics: Defined Contribution Health Plans

Additional Resources

Trying to decide which HRA is best for you? Take our quiz to find out.
Get our guide on how to offer health benefits with a small budget.