The average person does not make the decision to think about healthcare insurance or the cost until there has been an event in their lives that impacts them, this can happen at an early age or later in life. Over the past decade there has been a shift to educate the everyday American on the cost of healthcare and taking preventative measures. This stems from a world wellness movement and from a political spotlight. Educating people that living a healthier lifestyle prolongs life expectancy and reduces overall cost in the long run has been a hard sale. The average individual requires a frame of reference or must experience a sentinel event to bring awareness to their life. Understanding that the cost of healthcare increases every year, there is a decision to be made. Do I spend the money now to gain access to care or do I wait until I need care to begin paying for it? The annual average in 2016 was $10,345 with health insurance and is expected to be $14,944 in 2023. This is for an individual in reasonably good health and not having in major events throughout the year. Match this against the average savings of an individual who is age 18 to 24, who on average has less than $1,000.00 in savings. The average cost of a senior citizen in reasonably good health is $18,424 with insurance coverage. The average cost of an emergency room visit is $2,236 prior to medication purchase, that is the average cost of annual health insurance through an employer. What makes sense, now or later?
Helping Healthcare Makes Sense 