Long story short: Get ready for big changes in healthcare this year

Every year, the cost of health insurance premiums goes up, and yet Americans still carry hundreds of billions of dollars in nationwide medical debt. To combat these rising costs from impacting an employee’s bottom line, associate editor Deanna Cuadra spoke with Ben Simmons, vice president of insurance at healthcare benefits company Gravie, about a new offering that eliminates copays and deductibles.

“We built this health plan because we heard from our customers and the market that people are just so dissatisfied with the health insurance status quo,” says Simmons. “Premiums are increasing faster than people’s wages are increasing and faster than employers’ budgets are increasing — it’s unsustainable.”