More Kentuckians Enrolling in High-Deductible Health Plans

Jul 25, 2016

Credit feverpitched, 123rf Stock Photo

The percentage of Kentucky workers enrolled in high-deductible health insurance plans increased by nearly six times between 2006 and 2014.  A report released by the Foundation for a Healthy Kentucky shows the growth of those plans is nationwide. 

Foundation CEO Susan Zepeda says consumers typically choose high-deductible plans in exchange for lower monthly premiums.

"When people are having to pay those first dollars before their health plans kick in, it does make them more prudent consumers when they have a choice in the health care that they seek out," Zepeda told WKU Public Radio.

Zepeda says consumers on high-deductible plans also tend to use fewer preventive services such as vaccinations and screenings, which may save money in the long run. 

Most of the state’s nearly 94,000 Kynect enrollees have chosen plans with high-deductibles.  The report did not address what may happen if Kentucky transitions to the federal health care exchange.