At the onset of an illness or serious injury, Americans are finding the costs too much to bear – even when they have insurance. Medical expenses are the biggest financial burden in American households today. Nearly 50% of Americans cannot afford even $1000 of out-of-pocket expenses. With deductibles of over $5000, they cannot imagine how to pay for costs incurred. Insurance premiums have increased, and during a recession, people can’t even afford co-pays. These medical costs are on the rise because of Medicrats, regulations, an aging population, and obesity/drug abuse.
Employers are trying to find ways to bring down costs. Companies are moving away from traditional insurance and toward HSAs with high-deductible plans. They are cutting full time employees, reducing benefits, and delaying raises. MediBid helps both large and small employer groups save hundreds of thousands to millions on their health plans. Email email@example.com or call 888-855-MEDI (6334) to find out how MediBid can help your company.
Lewis, Al. “Rising health-care costs are enough to make you sick.” MarketWatch. The Wall Street Journal, 29 May 2014. Web. 22 Jun 2014.