As open enrollment packages for healthcare coverage roll in, you might be tempted to tune out and default to whatever you elected for 2023.Soaring US childcare costs are weighing on spending and the labor market
But wait, don’t forget about co-pays, the flat dollar fees you pay when you visit a doctor and co-insurance, which is a percentage of health costs that you share with the insurer. All of the pieces add up to a lot of money, which is why spending some time with your options could pay off in savings.For the 153 million Americans who purchase coverage through workplace plans, costs have been rising steadily for decades.
Notably, many more companies are offering High Deductible Health Plans , which have lower premiums in exchange for higher annual deductibles.