Employee health insurance decisions in a flexible benefits environment

This study investigates the factors which influence employees' choices among different health insurance options under a flexible benefits plan. Employee‐specific selection and demographic data provided by the former National Cash Register (NCR), were used to analyze the effects of employee and...

Full description

Saved in:
Bibliographic Details
Published in:Human resource management 1996-10, Vol.35 (3), p.293-315
Main Authors: Barringer, Melissa W., Milkovich, George T.
Format: Article
Language:English
Subjects:
Cafeteria plans
Costs
Decision making
Employees
Expected utility
Group health insurance
Health insurance
Health maintenance organizations
HMOs
Information systems
Insurance coverage
Marital status
Studies
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This study investigates the factors which influence employees' choices among different health insurance options under a flexible benefits plan. Employee‐specific selection and demographic data provided by the former National Cash Register (NCR), were used to analyze the effects of employee and plan characteristics on choice of health care plan. Results suggest that employees' health plan choices are influenced by premium, deductible, and coinsurance amounts, and by employees' age, gender, salary, and marital status. The results are considered within an expected utility maximization model. Implications for the design of flex plans as well as future research and theory are discussed. © 1996 by John Wiley & Sons, Inc.
ISSN:0090-4848
1099-050X
DOI:10.1002/(SICI)1099-050X(199623)35:3<293::AID-HRM2>3.0.CO;2-S