"I've got a genius business idea for people with few discernible skills. First you establish a health insurance company and get people to pay you large sums every month. Then, when a customer tries to use their insurance to cover medical costs, make a habit of denying their claim. While doing that, pay lobbyists to keep politicians amenable. Repeat this strategy until your company is worth billions. I'm not saying this is exactly how the US health insurance industry works, but it's close enough."
"I love the fact that my wife spends $750 a month on health insurance for our three-person family (with the rest of the astronomical bill being covered by her employer), and we still have to pay a minimum of $500 to visit the emergency room. I love the fact that, according to a 2024 YouGov poll, nearly a quarter of Americans didn't call an ambulance during a medical emergency because they were worried about costs."
"The roughly 154 million people who get health insurance through their employer are going to see their paycheck deductions rise by 6-7% on average next year, one analysis has found. Meanwhile, self-employed people who get insurance through the Affordable Care Act marketplace (often known as Obamacare) are going to see the cost of their cover go up by 26% on average next year because subsidies are set to expire and Republicans refuse to come up with a plan to address this."
Privatized US health insurance channels revenue to executives while imposing high costs and restricted access on most people. The US spends more on healthcare than other industrialized nations yet records worse health outcomes per the Commonwealth Fund. Many consumers pay steep monthly premiums and still face large out-of-pocket charges, such as $750 monthly for a three-person family plus $500 emergency-room minimum. A 2024 YouGov poll found nearly a quarter of Americans avoided calling an ambulance due to cost fears. Employer-based premiums are projected to rise 6–7% next year, and ACA marketplace costs may increase about 26% as subsidies expire.
Read at www.theguardian.com
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