Did you know that healthcare in the United States costs about twice as much as it does in the rest of the developed world? If our 3 trillion dollar healthcare sector was its own country, it’d actually be the world’s fifth-largest economy. That’s insane! It makes us wonder how we got to this reality.
For those who have health insurance, they may be under the impression that someone else is paying the bill. Unfortunately, they’re wrong. Because of this country’s high medical cost, all of us end up paying too much for health insurance. And sometimes, insurance doesn’t always fully protect us. Overpriced care can mean fewer raises and to top it off, we’re not even getting the best care for our buck. In 2000, the average employer family health plan cost companies $6,438 per staffer. It shot up to $16,351 in 2013. That’s money that could have potentially went into workers’ salaries but didn’t because employers had to spend it on health insurance instead.
So how does one navigate a system like this one? Things happen and we get sick. We need to go to our doctors. What can we do? Dr. Tami Meraglia joins Pedram Shojai on The Health Bridge to discuss this problem. Tune in to find out why those medical bills can cost so much and how you can cut them down.
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