The Health Insurance Premium Scam Supercharging Inflation in America

Premiums are up over 400% in the last 25 years while quality of care has plummeted

Key Takeaways:

• American health insurance premiums have increased 408% in the past 25 years.
• The quality of care has worsened during this period, contributing to a healthcare crisis.
• The gap between the price of coverage and actual care has widened, with many Americans paying more for less.

Health Insurance Premiums are Supercharing Inflation

This 408% rise is far outpacing inflation, wage growth, and the general cost of living. For many, this means they are spending an increasingly larger percentage of their income on healthcare, with premiums eating into their paychecks.

A Decline in Care Quality

While health insurance companies rake in record profits, the quality of care has taken a backseat. Despite these higher premiums, patients are seeing fewer visits covered, longer wait times, and rising out-of-pocket costs for essential treatments. The average American now faces challenges accessing care despite paying more for their insurance.