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Surprise: Americans Are Paying More for Healthcare Premiums and Deductibles

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ABC News seems unsure just why

In 2008, middle-class workers spent about 7.8% of household income on premiums and deductibles.

By 2018, that figure had climbed to 11.5%. https://t.co/u1iaCkAfoA

— ABC News (@ABC) November 21, 2019

It’s a total mystery, but, I bet it still has to be Trump’s fault

(ABC News) According to a new report by The Commonwealth Fund, rising premium and deductibles contributions have outstripped wage growth over the past decade. More and more middle-class Americans are paying a greater percentage of earnings for health care.

The report analyzed survey data from 40,000 private-sector employers, as well as income data from the Census Bureau.

Median household income in the United States between 2008 and 2018 grew 1.9% per year on average, rising from $53,000 to $64,202.

But middle-class employees’ premium and deductible contributions rose much faster — nearly 6% per year over that same decade.

In 2008, middle-class workers spent about 7.8% of household income on premiums and deductibles. By 2018, that figure had climbed to 11.5%.

Strange. The phrases “Patient Protection and Affordable Care Act” and “Obamacare” do not appear anywhere, nor are they even alluded to.



Source: https://www.thepiratescove.us/2019/11/22/surprise-americans-are-paying-more-for-healthcare-premiums-and-deductibles/
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