10/25/16

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HIGHER HEALTH PREMIUMS FOR 2017 – from 9% to 50%+

Lawrenceville, NJ (Dr Simone) – On August 24, 2016 we wrote OBAMACARE IMPLODING – PREMIUMS MAY RISE TO 24%.  Now we see the premiums are much higher (USA Today). 

Employers have tried many ways to keep their costs down by making employees pay higher and higher deductibles, copays, etc.  But this strategy has run its course. Wellness Programs are expensive, don’t reduce health spending, and may actually harm some employees. One-time Incentive Programs don’t work either.  Since 90%-95% of all chronic illnesses are preventable, people can live healthier, and health care costs can be reduced if people choose to modify their risk factors. About 80% of all health care dollars are spent on chronic illnesses that are related to controllable risk factors.

SIMONE HEALTH INSURANCE ADVANTAGE CAN HELP

(c) 2017 Charles B. Simone, M.MS., M.D.