The Erosion of The American Middle Class

Five interesting facts from the Kaiser Family Foundation on the decade impact on cost sharing on the enrollee:

  • Deductible responsibility is up 229%
  • Co-Insurance responsibility is up 89%
  • Overall cost share is up 66%
  • Wages are only up 31%

Why should we care?

Because this out of balance relationship between health care cost responsibilities and wages is leading to the most shocking and alarming statistic and that is…. 92% of Americans say they have a major (45%) or minor (47%) problem paying basic health care bills. There are other options!

By David Williams   Vice President of Sales & Business Development at The Zero Card

 

 

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