Plan sponsors provide employees “health care expense accounts.” This is called health insurance. Like most company expense accounts there are stipulations employees must abide by.
Here’s one that makes sense:
“If claims on an individual are expected by the Plan to exceed $50,000 in a consecutive 12 month period, the Plan reserves the right to determine the health care provider.”
Imagine allowing an employee to stay at the Ritz for $500 per night instead of the Holiday Inn Express for $125! Health care expense accounts should be no different. Its all about common sense and traditional American business practices.