Despite health insurance coverage being vital to affording care in America, these offerings are still failing workers and driving them into debt. How can employers provide relief to their workforce?
Over 90% of the American population has some form of health insurance, according to the Congressional Research Service. Yet Americans carry $195 billion worth of medical debt, data from Survey of Income and Program Participation found. For many Americans, this means the money they lose every paycheck to their health plans won’t make a dent in ballooning healthcare costs. This small business decided to alleviate that burden by taking employee health benefit contributions out of the equation.
