Are Americans done with health insurance?
Health insurance has become yet another item that Americans need but struggle to afford. In the era of prediction market wagers and direct-to-consumer products from wellness influencers, what if patients bet on going without coverage?
TL;DR
- Health insurance premiums have increased significantly, making it unaffordable for many Americans.
- For some, monthly insurance premiums now exceed their monthly mortgage payments.
- Insurance plans are becoming more burdensome with narrowing networks and increased administrative hurdles like prior authorization.
- Patients are questioning the value of health insurance due to rising costs and negative experiences.
- The expiration of enhanced Obamacare subsidies is expected to further increase premiums for many.