• Core Benefits
• Voluntary Benefits
• Group Disability & Life Benefits
• Executive Benefits
• Global Benefits
• Consumer-Driven Healthcare
• Retirement Services
• Integrated Workers’ Compensation + Healthcare
• Private Client Insurance

Consumer-Driven Healthcare Plans (CDHPs)

In an age where medical expenses and insurance premiums keep getting higher, employers have sought new ways to save money while continuing to look after the healthcare of their employees. CDHPs have emerged as an efficient solution to both the steady rise in premiums and the need to provide excellent healthcare benefits to employees.

The idea behind CDHP is that consumers should be the driving force behind the healthcare market. These CDHPs have provided many employers the ability to lower the cost of providing healthcare for employees. It has also enabled many small businesses to offer healthcare benefits to their employees for the very first time.

As with all new programs, employee education and support are integral. Nothing can be more disastrous than a plan that is not successfully implemented. Therefore, BayPoint is there at every step to ensure that once a plan is in place, employers and employees receive the help and guidance they need.

The key to success with CDHP is belief in the plan. If employees do not believe that a plan will save them money or do not understand how they will save money, they will be unable to fully embrace it. Dissatisfaction with healthcare can lead to employee resentment and lower productivity. Fortunately, with BayPoint’s help, employee satisfaction can be guaranteed and employer investment protected.