How Status Quo Employer-based Health Insurance Fails Florida
Employer-based health insurance promises a blanket of comprehensive protection for the workforce. Yet, beneath this surface, many are grappling with hidden costs, confusion, and barriers that lead employees to defer care, ultimately impacting their overall well-being and job performance. Employees are left with essentially only catastrophic health benefit plans, and employers fail to derive value from this costly investment. A benefit that's supposed to attract and retain talent isn't fully serving its purpose. Dive into our 2023 survey to see the stark contrast between the promise and the reality of employer-based healthcare in Florida.
The Reality of Employer Healthcare
Unaffordable. Confusing. Exclusive. Here’s what Florida talent thinks about traditional health plans.
At a Glance
Broken Promises: High out-of-pocket costs, unclear policies, and limited plans push many workers to compromise essential care.
Survey Scope: 1,201 adults from Orlando, Miami, and Tampa areas participated.
Key Finding: Floridians’ health and job performance are on the line due to monetary constraints and unclear policies.
Critical Insights
Critical Insights
Too Complex to Access Care
44% don’t understand their coverage options
40% have to jump through hoops to get care
51% can’t anticipate out-of-pocket expenses for prescription medicines
Too Unaffordable to Manage Care
55% say out-of-pocket costs have become expensive
43% didn’t adhere to prescription medications
51% postponed visits to doctors or specialists
High Deductibles Put Members At Greater Risk
70% have deferred care or treatment
60% can’t anticipate their out-of-pocket costs
44% experience difficulties seeking an appointment
Quality of Health Benefits Matters to Talent
51% say their employer’s health benefits influenced their decision to work there
27% doubted their employer prioritized their health
12% are dissatisfied with their employer’s healthcare coverage
What We Propose
Genuine Affordability: Cutting out towering deductibles and hidden costs encouraging people to get care when they need it.
Increased Transparency and Simplicity: Dispelling confusion about coverage and expenditures.
Engagement in Preventive Care: Bolstering employees to prioritize their health, utilizing benefits without the looming threat of debt.