Issue link: http://digital.nexsitepublishing.com/i/1496538
A s you may have heard from the news, the United States is currently facing a healthcare crisis. Hospital labor shortages are causing a serious strain on the ability of hospitals to provide patients with the care they need, and this is leading to higher costs for everyone. As hospitals struggle to fill positions, patients are waiting longer than ever for their procedures and checkups. The situation has reached the point that some hospitals have had to turn away patients altogether as they try to cope with staff shortages. The shortage has many causes, including the large population of baby boomers requiring more care as they age, increased demand for mental health services, and an uptick in chronic diseases like diabetes and Alzheimer's disease. As a result of these labor shortages, many hospitals have been forced to increase their wages to retain staff members and attract new ones. This means that healthcare costs for patients will continue to rise until there's a solution to this problem. While health insurance premiums are not entirely immune to the overall rise of healthcare costs, the power of the MBA Health Insurance Trust allows you to put together a comprehensive healthcare package that may help mitigate the overall rising prices for your employees. As a member of the MBA Health Insurance Trust, you'll save, on average, 10-15% and have access to a selection of over 40 custom medical, dental, and vision plans with unbeatable service from an exclusive administrative team. For more information on the MBA Health Insurance Trust or to receive a free, no-obligation quote, visit us at mbahealthtrust.com. Hospital Labor Shortages and Rising Healthcare Costs BY CAPITAL BENEFIT SERVICES Hospital labor shortages are causing a serious strain on the ability of hospitals to provide patients with the care they need, and this is leading to higher costs for everyone. Visit mbahealthtrust.com to learn more about mitigating rising healthcare costs. 54 master BUILDER | SPRING 2023 MEMBERSHIP VALUE