October 27, 2014

SKIN IN THE GAME:

Paying thousands before health insurance even kicks in (Tami Luhby, October 27, 2014, CNNMoney)

Got health insurance at work? You may still have to shell out thousands of dollars before it kicks in.

That's because more employers are offering consumer-directed health plans, which usually come with high deductibles. In 2015, 81% of large employers will offer at least one of these plans, up from 63% five years earlier.

Consumer-directed plans typically carry deductibles of $1,500 for individual coverage, more than three times higher than traditional policies, according to the National Business Group on Health.
And these plans will be the only choice for a growing number of workers.

If you don't pay for your own medicine you don't care what you pay for medicine.

Posted by at October 27, 2014 4:41 PM
  

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