Oliver Wyman January 27, 2025
Rising healthcare costs threaten affordability for millions
Editor’s note: This article is part of a larger report, Healthcare’s $1 Trillion Challenge, which provides a roadmap for creating a more affordable and sustainable healthcare system. Discover further chapters on reducing clinical labor intensity, relieving administrative burden, and curbing the impact of growing drug costs.
It’s become a familiar trope domestically and even around the world: US healthcare has become exceptionally unaffordable — for everyone.
Over half of adults under the age of 65 report having difficulty affording healthcare costs. And by 2035, out-of-pocket expenditures for the average American will rise to $2,500 per year, up from roughly $1,450 now. Taking a broader view, national health expenditures are expected to double to...
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