Private health insurance doesn't mean the holder will spend less on healthcare. In actuality, the holder is helping employers keep their health care spending down. From 2009 to 2013 the amount people with private insurance paying out of pocket for hospital visits grew by 37 percent, Bloomberg reported.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
The study conducted by University of Michigan suggests employers are using high-deductible plans to keep premium costs low. Data showed that out of pocket costs increased 6.5 percent a year and the average cost for hospitalization was more than a $1000. During the study deductibles grew 86 percent and coinsurance costs rose 33 percent.
Emily Adrion, first author of the Michigan study, said, "When it comes to insured people with high quality employer sponsored coverage you assume they aren't subject to high costs."