Financial Stewardship + Transparency

As aptly stated by BJ Palmer: “The preservation of health is easier than the cure of disease.”  The truth is, the preservation [of health] is cheaper, too.

At GOOD MEDICINE, financial stewardship + transparency are important.  Not only in business, but for those we serve. The truth is, it is more cost-effective to support your wellness than it is to heal your illness.

In 2020 the average national cost for health insurance is $456 for an individual and $1,152 for a family per month. The average annual deductible for single, individual coverage is $4,364 and $8,439 for family coverage.

In 2018, an average family of four spent around $29,000 annually on a mid-level health care plan (this includes employee + employer contributions, out-of-pocket costs, and deductibles).

Due to COVID-19, these costs are expected to increase significantly.

It gets worse…these rising rates do not equal better health.  In fact, quite the opposite.  Rarely do health plans designate your dollars for services that bring you better health.  In fact, they profit on your illness, which begs the question:  what is their motivation to keep you healthy?  Yes, there are some plans that have your health at focus, and we commend them.  But this is not the norm.

The truth is, health plans have become less and less rich.  You are receiving less and paying more. 

Consider this – what if you only purchased a plan that suited your needs?  What if the money you saved could be reallocated towards services that support your health + wellness. 

At GOOD Medicine, we believe that you should know where your money is going.  We believe that you should only pay for what you need.  We believe that being healthy is wealth.  We believe that an investment in your wellness is a worth your time and resources.  We are passionate about changing the narrative, flipping the script, on how Americans view their healthcare. 

Need help in finding a plan that is better suited for your needs?  Let us know, we’d be happy to connect with you.

#MindfulConsumerism #FinancialStewardship #Transparency #OurWhy #GOODMEDICINE