CEOWORLD Magazine November 27, 2022
Americans spend more on medical care as a percentage of GDP than any other nation. For the decade ending in 2020, insurance premiums rose 47 percent and deductibles jumped nearly 69 percent. Even with employer-based medical insurance benefits, employees now pay on average nearly $6,000 toward their employers’ average of $22,221 for family coverage.
Further, obtaining medical care has not only become more expensive, but more and more complicated and difficult to navigate.
Consider this: Every year Americans of all ages, incomes, and education levels buy millions of new and used automobiles without the slightest knowledge of all the intricacies of engines, transmissions, and all the software that make motor vehicles run. Yet, even without this knowledge, the...
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