Out-of-Pocket Health Care Costs will Continue To Rise

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In a recent Kalorama report entitled Out-of-Pocket Healthcare Expenditures in the United States, findings indicate that the amount Americans spend on out-of-pocket health care costs reached $416 billion in 2014. With a growth of 8%, this figure could grow to $608 billion by 2019. Out-of-pocket health care costs fall into three categories: 1) premiums, 2) direct expenditures, and 3) co-pays. Bruce Carlson, publisher of Kalorama Information, says, “Premiums are the largest category of spending but co-payments and direct payments are growing.” To read more on this topic and to examine the report itself, click here.

Last Updated on May 7, 2020 by Aimed Alliance

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