Blue Cube Medical is expanding east this month to address increasing healthcare costs with its patient financial assistance and insurance negotiation solution for residents of the Waterbury area.

Medical insurance isn’t what it used to be. The days of low or no medical deductibles are few and far in between with high deductible plans becoming a financially devastating norm.

According to the Kaiser Family Foundation, health insurance premiums are approximately $4,706, average employer health insurance costs on average $15,000, and out-of-pocket costs such as copays and deductibles average $3,179, totaling approximately $22,885 per year. Simultaneously, an individual can buy a 2019 Volkswagen Beetle for $20,885 – an additional $2,000 per year.

·Even when individuals have health insurance, they may be underinsured, meaning they have high out-of-pocket costs such as high deductibles.

·Forty-one percent of underinsured patients delayed care due to high out-of-pocket costs leading to fewer visits, preventive care and skipped prescription medications.

·The rate of underinsured individuals has risen from 23% in 2014 to 29% with the largest percentage being from those individuals with employer-based plans.

·Almost half (47%) of underinsured adults reported medical debt problems – nearly twice the rate as those who are not underinsured (25%).

Even closer to home, though Connecticut expanded Medicaid (HuskyHealth) in 2014 , the state of ranks number 3 in the United States in access to care while approximately 15% of the state’s population is drowning in past-due medical debt.

Blue Cube Medical’s solution consists of a patient financial assistance and insurance negotiation portal that combines the efficiency and automation of large-scale corporate solutions with affordable, small-scale pricing according to Managing Partner, Katherine Taylor.

“Spending the majority of my career in healthcare provider and insurance environments taught me the effectiveness of financial efficiency. Additionally, I was diagnosed as a Type I diabetic during childhood and later received a double-organ transplant recipient myself. Those combined professional and personal experiences have provided me with the knowledge to best ensure individuals receive the health outcomes they deserve by addressing not only the cost of care in a timely manner but social determinants such as lack of transportation and household expenses that exemplify the lack of affordability necessary to become and stay healthy.

Blue Cube Medical is expanding its financial assistance and advocacy solution to the Waterbury area this month in order to help residents eliminate medical debt as well as provide expert insurance negotiation and financial assistance services for such conditions as addiction, cancer or diabetes – no matter their socioeconomic, geographic location, or insurance status for healthcare deemed otherwise unaffordable. New clients can use the promo code ‘CONNECTICUT20’ to save 20% off our regular fee through December.

For more information, visit

Blue Cube Medical is a patient financial assistance and medical advocacy firm with over 5,000 clients serviced to date, delivering help to individuals requiring expertise in order to pay for outstanding medical bills or obtain care they could otherwise not afford. The company provides each client access to both a self-service, HIPAA-secured portal and dedicated patient advocate for insurance negotiation, clinical advocacy services and locating financial assistance for over forty medical specialties. Blue Cube Medical’s proprietary database consists of financial assistance options for approximately 6,700 medical conditions, 8,000 prescription drugs plus travel/ transportation, and social assistance programs for households of all income levels or insurance coverage. Blue Cube Medical’s services are available in all 50 states, the District of Columbia, Puerto Rico, and the United States Virgin Islands.