For most Americans, purchasing health care services is unlike the buying experiences in other areas of our lives. We pay very little – only about 15 percent – of our health care costs, and generous “all you can eat buffet” insurance plans give us a strong incentive to maximize payouts from insurance providers. But not only are such plans good for individuals, they should be carefully considered as a way to improve the care and reduce costs for Medicaid beneficiaries and government employees.
There Are Better Healthcare Options Out There
Open Enrollment Season is upon us. It’s that time of year where employees, self-employed, businesses, and local governments start crunching numbers to see how much health insurance will cost next year—and, surprise of surprises, the answer is almost always “a lot more.” Worse yet, the Federal Budget impasse and Government shutdown over ACA healthcare subsidies...