Invest in your health with a Consumer Driven Health Plan (CDHP)

Invest in your health with a Consumer Driven Health Plan (CDHP)

Are you interested in reining in the costs of your medical expenses? If so, you might consider switching your health plan to a consumer-driven health plan (CDHP) for 2014.

A CDHP is an excellent option and a very effective tool for monitoring health care costs. A CDHP is a health insurance plan that pays for covered services after the deductible is met. Most employees save money with a CDHP, but only you can determine what health plan best meets your need.

Don’t forget to take advantage of 100% first dollar preventive care services. It is important to visit a primary care physician for an annual physical which includes screenings for high cholesterol and diabetes, the two most prevalent conditions among our plan members. Preventive services are a smart way to invest in your well-being.

The state of Indiana offers two CDHPs – CDHP 1 and CDHP 2.  Both plans cover the same services and the two can be compared by closely examining the premiums, deductibles and out-of-pocket maximums.  

The premium rates for CDHPs are considerably less expensive than those of a Traditional PPO plan. For CDHP 1, the premiums are the least expensive of all three health plans offered by the state. They start as low as $11.94 biweekly for single coverage and $38.16 for family coverage 


An attractive partner to the CDHP, a health savings account (HSA) can be opened to put money aside to invest in your future out-of-pocket expenses. If you are eligible for an HSA the state makes the following contributions:

There are federal guidelines for HSAs, including contribution limits. For 2014, the maximum that can be contributed to an HSA is $3,300 for single coverage and $6,550 for family coverage. This includes contributions made by the employee and the state. For account holders 55 years of age and older, an additional $1,000 can be contributed.

Before you make your selections for open enrollment, invest a little time to determine which plan is right for you. Look at your health care costs over this past year so you know what your expenses have been. Then review the information on the three health care plans available for 2014. Input that information into the Benefits Calculator ( and then make an informed, educated decision.

If you have further questions, attend one of the town hall meetings or webinars or talk to a Benefits Specialist.

*All examples in this email reflect participation in the non-tobacco use incentive.


2014 Open Enrollment website:

Benefits Hotline: 7:30 a.m. to 5 p.m. Monday through Friday, Eastern Standard Time 

  • 317-232-1167 within Indianapolis area
  • 1-877-248-0007 toll-free outside Indianapolis