Defined Contribution Plans, or DCPs, began as retirement accounts for retiring employees. Throughout the years, large companies began to adopt the same model to allow all employees to pick and choose the benefits most important to their long term retirement plans. The 2013 Healthcare Benefits Trends Study details the awareness and adoption of defined contribution health plans as they relate to the emergence of consumer-driven healthcare. The following Infographic visually represents some key highlights from the study regarding trends in defined contribution for 2014 and beyond. To view the study, please head over to http://www.evolution1.com/healthcare-trends-institute/2013-healthcare-benefits-trends-benchmark-study-results-now-available/ To see original source for this infographic and to learn more about healthcare trends, please view the page below http://www.evolution1.com/healthcare-trends-institute/trends-in-defined-contribution-infographic/

1. Trends In Defined Contribution
Health Plans - Infographic
How familiar are you with Defined Contribution Health Plans (DCPs)?
59.4% of employers
are familiar with
Defined Contribution
Health Plans (DCPs)
54.1% believe DCPs will
help employees make
more cost-conscious
benefit decisions
40.5% believe offering a
DCP will also increase
employee understanding
of benefit costs
31.5% believe DCPs will
allow the company to
continue offering benefits
otherwise in jeopardy
31.5% believe DCPs will
lower health benefit costs
for the company
Where are you in the process of exploring/adopting
defined contribution plans?
36.1% indicated they were
considering DCPs
25.2% indicated they are
not interested I
rn18.9% indicated they are
still learning
14.4% indicated they are
already using
What Information are you seeking regarding DCPs?
II How would our company benefit from DCPs? -27.6%
What are DCPs? -25.7%
II Do employees like DCPs? -19.1%
IIWhat other health plan designs are available? -15.8%
II Other -9.2%
II Can our company offer a DCP plan under PPACA? -2.6%
What partners would you depend on to help you learn about
new health benefit designs such as defined contribution plans?
Insurace broker's(46.2%) and benefit consultants (45.3%)
are the top two external partners employers will look to for
more informationaboutDCPs
�
of respondents reported they would do research independently
Healthcare Trends Institute
www.HealthcareTrendslnstitute.org
© Copyright 2.013. Healthcare Trends Institute.
Source: 2.013 Healthcare BenefitsTrends
Benchmark Study