Healthcare’s expensive. On a whole, the US spends $3 trillion on healthcare, twice as much as other developed nations, and has worse outcomes, with healthcare spending approaching 18% of the GDP.
And for many Americans, their employers are the ones picking up the tab. More than half of the non-elderly population is covered by an employer-sponsored plan, and almost 80% of large companies are self-insured. As healthcare costs go up, employers are the ones feeling the pressure. And some are starting to get fed up.