Health Insurance Terms are Confusing!
Deductibles, Co-Insurance, Co-Pay, Out of Pocket Maximum...only 4% of employees can match these terms to the definition.
That is what motivated Wally Gomaa, a Co-Founder of SimplePay, to build a health plan that gets rid of all this plan design complexity.
SimplePay’s thesis is “you can’t be a consumer of anything, unless know the price of everything ahead of time.”
https://www.simplepayhealth.com/
#podcast #podcasting #healthcare #healthinsurance #employeebenefits #insurance #health #consumer #complex #simplepay #healthandfitness #coinsurance #deductible #copay #outofpocket #plandesign #fitness #hospital #benefits #healthbenefits
