Individuals with employer-provided health insurance now pay, on average, over $1,000 in deductibles. That is an increase of over 17% from last year, when they paid $859. Employees with preferred provider organizations (PPOs) are primarily affected, as well as those working for small businesses.
Employers are increasing deductibles in order to reduce costs without changing premiums. Medical costs for a worker are currently $8,482 per year (an increase of 6.3%), and are expected to increase further in the coming years. As a result, many people are forgoing preventative care such as checkups, which could end up causing even higher costs in the long run.