This week, Steve digs into a startling The Wall Street Journal report revealing that, for many Americans, healthcare expenses are now outpacing mortgage payments. Drawing on his own experience as an independent business owner, he explores how soaring premiums and shrinking coverage have turned “healthcare plans” into little more than catastrophic safety nets, and what that means for families and employers alike.
Steve breaks down why today’s healthcare system has become so entrenched—and so maddeningly hard to fix—touching on politics, economics, insurance, technology, and fear. He then connects the dots to the workplace, showing how healthcare costs distort career mobility, fuel job-lock, and even clash with the adaptability we tout in the age of AI.
Tune in for practical steps leaders can take right now to acknowledge this pressure, rethink benefits conversations, and share risk more thoughtfully within their organizations.
Key Takeaway:
It’s time to stop treating healthcare as an afterthought. By facing these costs head-on, leaders can help unleash the very innovation and agility they expect from their teams.
If you enjoyed this episode, make sure to follow the podcast, and leave a review so you don’t miss future insights. And if you’ve read my book Workquake, I’d really appreciate you taking a minute to leave a review on Amazon—your support helps keep the conversation going. See you next Friday.
https://www.wsj.com/health/healthcare/aca-health-insurance-cost-subsidies-expire-37a595a9?gaa_at=eafs&gaa_n=AWEtsqcQ7hAaSlDjbCAqfsAQMOwm1hC6_7vzfnGefpGP4BIzLzcna72YedGU9kXGyCw%3D&gaa_ts=697a76f5&gaa_sig=wcby4hKof7dCDgOEZnZEaEP0NX8WO6sJ_c0ALGjs9IBt4--ExX_qSz1hGW4jjzh-AjFGTxjcNNA8GAjfDLTNOA%3D%3D