Surviving the escalating costs of health insurance


According to the Census Bureau, the number of uninsured Americans has gone up 2 million. The reason is simple. Employee’s premium and deductible contributions in the 10 year period between 2008 and 2018 have grown almost 6% per year while median household income in the United States in the same period grew only 1.9% per year.

                                                              


Without expandable income, coupled with rising premium and deductible contributions, people have had to delay or completely abandon recommended tests. Some have gone without prescription medicines while others resorted to crowdfunding campaigns to cover their healthcare expenses. Many have been driven into debt. Erin Schumaker, in an article in the online publication abc NEWS narrates the experience of some individuals with rising cost of health insurance.
                                       
                       Click here to access the article

But you will be pleasantly surprised that a variety of affordable individual and family health insurance plans are now available.


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