Consumers frustrated by varying costs of medical insurance
(ABC 6 News) – A Twitter post about the high cost of healthcare has gone viral. It’s been shared more than 23,000 times and liked by nearly 100,000 people. It’s a simple breakdown of medical insurance coverage. deductibles, and out-of-pocket costs. Healthcare spending is consistently rising and those who analyze its costs said the U.S. is the worst performer when it comes to controlling costs.
Betsy Singer spoke with Paul Seegert of PCS Advisers, a health benefits consulting firm. They discuss how American insurance plans are catching so much attention and what could be next amid higher inflation rates.