Employees to Face Healthcare Sticker Shock
Those Americans who receive health care insurance through their employees may need to get comfortable with digging even deeper into their pockets. Over the next 18 months, businesses are expected to implement healthcare plans requiring higher deductibles. Large up-front, out-of-pocket costs are anticipated to become mandatory before any insurance coverage kicks in. This is because these types of insurance plans set a minimum requirement with regard to medical expenses that a customer may pay for before insurance takes effect. And America’s adoption of high-deductible plans is only accelerating, compliments of Obama’s healthcare reform requiring insurers to offer a wider range of medical coverage.
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