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When a Single Mom Can't Afford Healthcare Costs #shorts

What Happens When an Employee Can't Afford Their Healthcare

My guest on episode 77 of the @SelfFunded with Spencer podcast, Chris Hamilton, was faced with helping with this dilemma in his first open enrollment meeting.

A single mom came up to him after he presented and said she could only afford the $6,000 HSA plan, but that she had a child who need a surgical procedure, and she couldn't afford $6,000 out of pocket.

She had tears in her eyes, asking Chris what she should do.

This moment changed Chris' approach to broker compensation and sent him down a path of obsessing about solving the rising cost of care on behalf of employers.

For him, it was no longer a job, it was a purpose.

#insurance #openenrollment #benefits #employeebenefits #broker #podcast #career #life #riskmanagement #moneymatters