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Affordable Health Insurance Alternative

Posted by Bobby Brown on January 02, 2024 - 7:49pm


Across the country, Americans, already facing tight family budgets due to inflation, are trying to figure out how to afford higher healthcare costs for 2024. Whether they get health insurance through their employer or a government-managed marketplace, costs are increasing. According to PwC’s annual research report, healthcare costs will rise 7% in 2024.

That’s on top of increases of 6% and 5.5% in 2023 and 2022 respectively. Depending on whether they work for a large company or a small business, workers who get insurance from their employer are looking at annual increases in their share of the premiums ranging from $500 to $2,500 for a family of four. That’s a 7% jump for family premiums.

For families who buy health insurance through the government marketplace without subsidies, it’s even more. According to healthcare.gov, the average monthly premium for a 40-year-old couple with two children ranges from $1,275 a month for a “bronze” plan to $1,837 for a “gold” plan. On top of that, deductibles and co-insurance would add thousands of dollars more to their costs, nearly $10,000 in some cases. In comparison,

 “So many people, even if they have an employer-sponsored plan, tell us that they can’t afford the premiums, deductibles and out-of-pocket costs of health insurance, “Our programs were designed to make the tradition of sharing available and affordable to all people of faith,” In addition to affordable costs, core Imapct  programs also include free access to telehealth for both physical and mental health as well as significant discounts on prescriptions,