Employers and workers alike are struggling under the weight of rising health care costs these days, but in particular, deductibles are growing rapidly.
From two thousand eight to twenty eighteen, the average American's deductible more than tripled. This coincided with a sizable increase in the use of high-deductible plans.
That leaves many employees looking to cut corners on health and related expenditures care - sometimes putting off treatment for months.
While shopping around can be a good thing, surveys show that the share of Americans who choose their health insurance based on cost alone has increased more than fifty percent in 15 years.
Employers now realize they may need to do more to help employees handle these costs. That could include adding more layers of low-cost coverage options or wellness programs.
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