Insights

When it comes to health insurance plans, high-deductible health plans (HDHPs) can get a bad rap. The “high deductible” part of the name is enough to deter those worried about rising medical costs. Then there’s the widely held belief that high-deductible health plans are only financially beneficial for young, healthy individuals.

Paytient is a benefit that employers can provide for their employees that can both increase access to healthcare and make it more affordable. But for employers already operating on thin margins, finding additional funds to implement these two strategies can be a barrier.

Americans will spend the vast majority of their adult lives at work, so it’s important that their working environments support a sustainable, balanced lifestyle. The pandemic era has only further emphasized the fact that employees are people with multidimensional lives, with work being only one part of the larger whole.

How are health insurance premiums calculated? When the cost of healthcare goes up, insurance premiums tend to follow suit. Let’s take a closer look at the relationship between these two elements of the healthcare system.

Even before the COVID-19 pandemic, hospital systems were struggling to increase revenue on razor-thin margins. With the added pressure of a global health crisis, healthcare leaders have been pressed to reduce economic vulnerabilities where possible.

It’s no secret that America’s educators are overworked and underpaid. Even before the coronavirus pandemic upended the education system, teachers were starting to reach a breaking point, evidenced by widespread teacher strikes and protests in 2018 and 2019.