Picwell Blog Is the Lowest Cost Health Plan Always the Best Option?

In our previous posts, we explored the topics of risk aversion and capacity to pay. We discussed how preferences related to risk and financial wellness, or capacity to pay, affect the way employees choose (and use) their health care benefits. As benefits leaders, it is critical that your team accounts for all of these factors when designing benefits plans. But, even if you have the best benefits, how can you be sure your employees are going to choose the right plan for their needs?