What exactly is Consumer Driven Health Care?

Answer 1

Consumer driven healthcare is a form of insurance where emergency care is paid for on a high deductible basis. Routine healthcare is paid for from a savings account with a fixed limit and once that has been spent the patient must pay from their own funds. Typically the money in the savings account will roll over into the next year if not spent.

Answer 2

Consumer-driven health care generally refers to the combination of a low-cost, high-deductible health insurance policy with some type of health savings account. The combination protects the insured from catastrophic medical bills while letting them spend their pre-tax health savings as they choose, and allows them to save unused amounts for medical expenses in later years.