Deductibles. In-network. Out-of-network. Concierge medical services. Out-of-pocket expenses. Co-payment. Co-insurance. Benefit advisers. Insurance brokers. Healthcare consultants. ACA. HMO. PPO. EPO. POS. HDHP. HSA. FSA. HRA. EOB. COBRA. SHOP. Single coverage. Dependent coverage. Premium tax credits.
Confused? You should be. Who understands all this stuff? Not the typical business owner. Nor the typical employee. Choosing the right healthcare insurance for our business – or for our families – seems like it requires a PhD in healthcare.
Our healthcare system isn’t just complicated, it’s expensive. According to a recent study from research firm KFF the average family pays $27,000 annually for their health insurance (up 6% from last year). The average employer health insurance cost is expected to surpass $17,000 per employee in 2026, a 9.5% jump from 2025.
Now the government is shut down because Democrats want to stop Republicans from axing tax credits that experts say will lead to a doubling of premiums for millions of Americans. When will we seriously consider a national health insurance program here in America? I have to believe we’re getting closer because this can’t continue. ….more
