Pay 20% of Your Income... And Still Can't Afford Healthcare. #HealthInsurance #money
An employee making $70k could pay 20% of their income for a health plan they can't afford to use.
That's the staggering math Trey Smith and I break down in the clip below. That 20% is just the price of admission. It doesn't include the average $3,500 deductible, which for that family, is almost an entire month's take-home pay.
This is what being "functionally uninsured" looks like, and it’s the primary reason people delay seeking care. This is the conversation we need to be having, and it might be the biggest problem in healthcare.
Check out Trey and I's full conversation on this week's episode of Self-Funded with Spencer, available now on YouTube, Spotify, and Apple Podcasts.
