Slowly over the last 10 years, a growing number of industries have struggled to afford health insurance for their employees. The result? An all-time low in employee satisfaction and resulting loss of effectiveness of employer sponsored health insurance as a recruiting and retention tool
To take it a step further, the conventional wisdom that major medical is “gold standard” and top of the list of preferred employee benefit options, is simply untrue for many, if not most American workers. Let’s examine the facts:
-The average premium for Major Med is – $465 p/m
-The average premium for Access Plans – $90 to $150 p/m
-The average deductible for Major Med is – $1,650 individual
-The average out of pocket cost for an Access Plan – $25 per year!