Certain policy changes over the years have provided more risk protection to low-income groups but have increased out-of-pocket risk for those in a higher-income group.(Photo: Shutterstock)

There is nothing like a pandemic to get people thinking about the high cost-sharing requirements in their health insurance coverage. But of course this is nothing new. High deductibles and out-of-pocket maximums, combined with out-of-network bills for physician services, leave many insured Americans facing very high out-of-pocket costs. According to federal data, average deductibles in employer plans more than doubled between 2008 and 2017. For many, this results in an unaffordable burden.

But a recent study released by The Commonwealth Fund found that there is a significant higher impact for those in a certain income level when it comes to out-of-pocket spend.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Heather Nevitt

Heather D. Nevitt is the Editor-in-Chief of Corporate Counsel and Global Leaders in Law.

More from this author



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.