Medical Bills Catching You Off Guard?March 11, 2020
US coronavirus cases surge tenfold in a week to 50,000, global infections soar past 400,000March 25, 2020
Average total health spending for a family of four with workplace coverage hit $7,726 in 2018, a 67% increase from 10 years ago, according to the Kaiser Family Foundation.
Expenses have also gone up for employers, who spent an average of $15,159 in premiums to cover a family of four.
Medical coverage costs have outpaced wage growth: Families’ costs are up 67% compared to a decade ago, while wages have increased 26%, according to the foundation.
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