32 min
What's wrong with this picture? Skyrocketing healthcare costs You Can Thank Us Later
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- Business
Employer-sponsored insurance covers approximately 157 million people. A total of 90% of workers are employed by a firm that offers health insurance benefits. The U.S. Bureau of Labor Statistics reports health insurance has increased by more than 10% from 2018-2019, while health care cost increases remained in line with inflation, at less than 2%. Why is the spread so large when there is neither supply or demand pressure?
Consider this...
In two years, CEO pay at the eight (8) biggest insurance companies more than doubled.
"Non-profit" hospital executives now regularly receive $10 million dollar comp packages.
Meanwhile, the average worker's share of family premiums increased 40% since 2010, total family premiums increased 55% since 2010. And, what's sad is that the reason these percentages are not even higher is the ever-increasing deductible.
What can a company do about it?
Que Jared Mongold, Healthcare Strategist and Benefits Expert at the Insurance Office of America. Jared discusses options that are available for your company to both improve your healthcare and reduce healthcare costs.
The information provided in this episode is both valuable, eye opening and will probably disgust you to some degree while making you think twice about your own insurance plan.
Don't hesitate to contact Jared to discuss how he can be your go-to in protecting both your family and your employees.
Jared can be reached at (727) 565-7073 or email jared.mongold@ioausa.com.
Just tell him CG Moneta sent ya!
---
Send in a voice message: https://podcasters.spotify.com/pod/show/cg-monetallc/message
Employer-sponsored insurance covers approximately 157 million people. A total of 90% of workers are employed by a firm that offers health insurance benefits. The U.S. Bureau of Labor Statistics reports health insurance has increased by more than 10% from 2018-2019, while health care cost increases remained in line with inflation, at less than 2%. Why is the spread so large when there is neither supply or demand pressure?
Consider this...
In two years, CEO pay at the eight (8) biggest insurance companies more than doubled.
"Non-profit" hospital executives now regularly receive $10 million dollar comp packages.
Meanwhile, the average worker's share of family premiums increased 40% since 2010, total family premiums increased 55% since 2010. And, what's sad is that the reason these percentages are not even higher is the ever-increasing deductible.
What can a company do about it?
Que Jared Mongold, Healthcare Strategist and Benefits Expert at the Insurance Office of America. Jared discusses options that are available for your company to both improve your healthcare and reduce healthcare costs.
The information provided in this episode is both valuable, eye opening and will probably disgust you to some degree while making you think twice about your own insurance plan.
Don't hesitate to contact Jared to discuss how he can be your go-to in protecting both your family and your employees.
Jared can be reached at (727) 565-7073 or email jared.mongold@ioausa.com.
Just tell him CG Moneta sent ya!
---
Send in a voice message: https://podcasters.spotify.com/pod/show/cg-monetallc/message
32 min