Encouraging a Responsible Approach to Consumer-Driven Health Care.

Mondaq Business Briefing, November, 2004

This white paper is the culmination of a colloquium sponsored by McDermott Will & Emery LLP on May 21- 22, 2004 in Key Biscayne, Florida. It reflects the opinions and recommendations of the members of McDermott's Advisory Board on Consumer-Driven Health Care (CDHC).

CDHC products are beginning to make significant inroads into the health benefits marketplace. These products, initially designed by small, innovative vendors (such as Benemax, Definity, Destiny Health, Lumenos, Healthmarket and Vivius), have become mainstream products offered by major national health insurers (such as Aetna, United Healthcare, and many Blues plans). These products represent one of the fastest growing segments of the employer-sponsored health market.

In the fall of 2003,...