Premium rates comparison
KPMG Peat Marwick recently reported 1994 average monthly and annual premiums for both employer and employee contributions in conventional HMO, PPO and Point of Service (POS) plans. The employer sample for this report included 1,073 firms nationwide. The MSA plan deductibles were $1500 for individual coverage and $2,000 for family coverage. Specific deductibles, coinsurance and copayments were not provided in the abstract of the KPMG survey findings.
None of the KPMG employers or traditional health benefit plans provided end-of-year rebates. Based on the experience to date, projected end-of-year MSA plan balances would average $700 for individuals and $900 for families.
Comparison of Average Net Plan Spending
for 17 MSA Plans Against KPMG Plans
(1994 Calendar Year)Individual Family Conventional Plans $2,172 $5,556 HMO Plans $1,992 $5,400 PPO Plans $2,124 $5,436 POS Plans $2,148 $5,724 MSA Plan $1,433 $2,982 • Deductibles and coinsurance assumed under traditional policies; copayments for others
• Deductibles under MSA policies $1,500-$2,000, no copaymentsSource: Evergreen Freedom Foundation u
Return to More on MSAs
