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!