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Understanding health insurance is a very common obstacle. A recent study found that the vast majority of Americans can't accurately explain terms like "deductible" and "copay." Another study found that 66% of all bankruptcies are linked to medical expenses.
The connection between these statistics is undeniable. One of the primary reasons healthcare is broken in America is that simply understanding health insurance is a challenge.
In typical health insurance models, there’s a lot of fine print and seemingly endless stipulations regarding the cost of care.
Collective Health is taking a different approach by working directly with employers to bring more transparency and simplicity to health insurance with better user experiences and empathetic customer service.
See the full article on how Collective Health makes understanding health insurance easier:
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