In 2016, award-winning Wisconsin blogger, Maureen, and her family went through a challenging time. Her husband was laid off from the job he’d held for over 20 years.
While the couple had saved months of living expenses, there was one thing they hadn’t factored in: that their health insurance premiums would literally shoot up 800% without the employer contribution.
“I wish I was exaggerating for effect, but I’m not. We quickly calculated that we were going to be burning through our savings a lot more quickly than we had anticipated.
When my husband did land a job again, the only plan offered was a high deductible option and the company only paid half of the premium. Add in that he had taken a significant pay cut and we were really feeling stressed about our healthcare costs.
For the first time, I was actually taking cost into account when deciding whether to make a doctor’s appointment or not. For the first time, I was seeing first hand how broken the healthcare system is in this country. We realized that just one significant health crisis could ruin us financially.”