Health care costs for employees are 130 percent higher than 10 years ago

Health insurance for small business health care costs

Workers are seeing tremendously higher expenses for their insurance plans when compared to a decade ago. According to a recent data analysis that was conducted by Aon Hewitt, employees working for large and medium sized companies in 2015 were paying an average annual $4,700 in health care costs for their plans. Comparatively, back in 2005, the amount being paid by employees with these health plans was $2,001. Mike Morrow, the senior vice president of Aon Hewitt explained that companies are currently looking for ways to help to keep their costs…

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Direct care allows consumers to bypass their health insurance

Health Insurance Agent

More consumers are taking advantage of direct care medical services A growing number of consumers are beginning to bypass their health insurance coverage in order to take advantage of direct care from medical professionals. For many, the high deductibles associated with their insurance coverage is simply too high, which is encouraging them to receive care directly from medical care providers rather than make use of their insurance policies. Some consumers are finding it less expensive to take advantage of direct care rather than use their costly insurance coverage. High deductible…

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Health insurance study shows limited networks don’t hurt

health insurance news

Research in Massachusetts has revealed that these strategies don’t cause any harm to patients and they save money. Despite the fact that the majority of patients don’t like hearing that they can’t go to a certain hospital or see a certain doctor because of the limited network of coverage provided by their health insurance, this type of plan is becoming increasingly commonplace. These “limited” network plans (also known as “narrow”) are being seen more often than ever before. The reason is that these health insurance policies are typically cheaper for…

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Health insurance continues to divide those in the US

Health insurance care reform confusion debate

Survey shows that health care continues to be a very controversial issue in the US Digital media company Morning Consult has released the results of a new survey highlighting consumer opinion regarding health insurance in the U.S. The matter of insurance is somewhat controversial throughout most of the country, partly due to the fact that it has become a heavily politicized matter. The Affordable Care Act is somewhat to blame for this, as it became a platform upon which the current administration based much of its political clout. Divisive opinions…

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Health insurance companies partner to examine medical costs

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Rising medical costs encourage companies to come together to shed light on the issue Three of the largest health insurance organizations in the United States have agreed to come together for the sake of a new research initiative that is meant to help develop a digital tool that could shed some light on the costs of medical care. These costs have become a major issue for many people and businesses throughout the U.S. and are somewhat shrouded in mystery. It is no secret that medical costs have been on the…

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