How Employees & Employers Get Bled by Health Insurance

Something is seriously wrong with this system. By Wolf Richter for Wolf Street The annual cost of the average health insurance family plan through employers — employer and employee contributions combined – rose another 4.9% in 2019, to $20,576. This is up 255% from 20 years ago, having soared five times faster than the Consumer […]

Why the Private Health Insurance Industry Faces an Existential Crisis

A former health insurance executive says the moment the insurance industry fears most has arrived. By Wendell Potter for the Independent Media Institute I have told a lot of stories about my time near the top of the health insurance industry. This is not one I’ve ever shared, until now. Shortly before I left Cigna, […]

Another reason to support Medicare for all

By David Greenberg for Greenfield Recorder Patients get ‘surprise’ bills when their health insurance company refuses to pay for out-of-network treatments. This often happens when patients have little choice over where they receive care, such as an emergency room visit. Watching the national debate over surprise medical billing makes it abundantly clear how committed health […]

Negin Owliaei: No one should have to bargain for health care

By Negin Owliaei for Nearly 50,000 members of the United Auto Workers began striking earlier this month, demanding that General Motors pay them their fair share of the billions in profits the company raked in last year. The first response from General Motors was shocking. The automaker, which accepted billions in government bailouts during […]

Health Insurance Costs Surpass $20,000 Per Year, Hitting a Record

Ever-rising premiums have pushed some to drop coverage By John Tozzi for Bloomberg The cost of family health coverage in the U.S. now tops $20,000, an annual survey of employers found, a record high that has pushed an increasing number of American workers into plans that cover less or cost more, or force them out of the insurance […]