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Building Startups: Major Shifts in Tech & Culture
The Ben & Marc Show
Impact of Rising Deductibles on Health Care Economics
One of the significant changes in health care economics before COVID was the increase in the size of deductibles, which came as a surprise to many individuals. This rise in deductibles means that people are now faced with higher out-of-pocket expenses, with deductibles jumping from $50 to as high as $1,500 for some. While wealthy or upper-middle-class individuals may not feel the impact as much, this shift is particularly challenging for normal people who are suddenly hit with substantial bills when they interact with the health care system, leading to a significant financial burden.
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