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Employers walk a tightrope as they attempt to provide competitive health benefits to workers while navigating steadily rising premiums. Despite their best efforts, more than 4 in 10 employees report having experienced medical debt.
"Providing quality health care benefits — and ensuring the physical and financial health of employees — is an essential responsibility of employers," said CEO Mike Waterbury of Goodroot, a community of health care companies. "But health benefits are increasingly expensive, resulting in benefit cuts that decrease coverage or shift more of the cost burden to employees, leaving them at greater risk for medical debt following a large hospital bill or other expense."
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