Thursday, December 4, 2008

Deductibles and Copays: Will Your Employer Raise Yours?

We all know how important it is to have Dental and Medical coverage. We also know how important it is to have a nest egg set a side for the future. With the rising cost of Health Care, managing our monthly expenses seems almost impossible these days. Let us examine the possibility of your health insurance deductible and copay increased by your employer.

I want all you readers to think about this question very carefully. What are the values of copays and deductibles of an employer-sponsored health insurance? I can think of serveral values but that was after I come to the realization of the true nature of why deductibles and copays are being raised. You see, Insurers and Corporations have a way of sneakily shifting the financial burden onto everyday Americans by driving memebers into high deductible, high copay plans that offer little protection when a person actually needs Dental or Medical Care.

The new Medicare drug plan and health savings accounts are two prominent examples of this effort to shift health care costs to members and both are contributing to the dissolution of what it even means to be insured. Lets look at the average cost of health care per person. In the United States, the average cost per person approximated $3,925 in 1997. In 2007, it has alomst doubled. From 1992 to 2002, the percentage of all enrollees in employer-sponsored health insurance who had a plan with a deductible increased from 43.91 percent to 46.63 percent. The average single deductible per single enrollee with a deductible increased from $335 to $409 per enrollee over this period.

I provide this information only to give readers insight to some of the pitfalls of Dental and Health insurance coverage. For those who can afford and feel comfortable with individual and family deductible limits ranging from $500 to $5,000 are usally okay with accepting those high deductibles and of course common. Why pay more when you can save thousands of dollars every year? Why not take the money you're saving with having a Discounted Dental and Health Care Program that will include your entire household at no additional cost to you and put it towards the nest egg you're building for the future.

You can start today by going to EveryOneBenefits.


Theresa Sez said...

Karlyn thank you so much your dental and healthcare discounts saved me over a 1000.00 dollars. God Bless you.

Karlyn said...

Thank you for leaving your comment regarding saving money on your discounted program. I hope others will realize the benefits this program offer. Thank you so much again and tell a friend.

prakash sharma said...
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