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Stay Young America!


Oct 10, 2019

Title: “The Rising Cost of Health Insurance”

Guest: Brittany Porter

Main Segment

Fun facts

In 1960

  • Health insurance cost was $146 per person per year.
    • After inflation adjustments, costs are still 9 times higher than they were in 1960.

In 2017:

  • Average individual cost was $440 per month
    • $5,280 yearly
  • Average family coverage $1,168 per month
    • $14,016
  • Both costs can include high deductibles, which means you could pay between $5,000 and $7,000 before insurance kicks in.
    • These numbers don’t include out of pocket max
    • And that’s if insurance covers the tests
      • Discuss in-network vs out of network
    • In 2017, median household income in the US was $61,372
      • A third of that income could potentially be going to health insurance-before coverage begins!

Discussion

  • Why does it cost so much to be covered?
  • Does quality of care take a hit when working with insurance companies?
  • What other healthcare options are available?

 “Executive Medicine Moment”

 “Pressing Health”- Health news that’s fresh off the press.

https://www.emtexas.com/services

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https://www.cnbc.com/2017/06/23/heres-how-much-the-average-american-spends-on-health-care.html

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